IF they hit commercial oil or gas good on them that means they can actually afford to complete the 5 well programe. Otherwise they are on the ropes big time. If they couldnt even get a free carry for Gindara the jewal in the crown if its a failure they will have trouble handing over equity in the remaining blocks for anything. Nido have to spend huge ammounts to simply retain the acrage they have which is being overlooked by all on this thread. Eitherway the final outcome is close at hand you guys deserve an outcome for sticking with nido but ive always had my doubts about these guys.
friday on my mind, page-8
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85.3¢ |
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Mkt cap ! $194.4M | |||
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