Excuse but I am extremely new to this stock and have done albeit no research. However, are they estimating 10 million barrells of oil at the Galoc Field of which Nido own 22%?
Could anyone enlighten me to the cash reserves and cash flows per qtr?
And if the above holds true, then surely at 9.6 cents this is a bargain with oil trading at 45 bucks a barrell.
Oil is in a trough at the moment, buying the right oil stocks looks attractive to me as does gold.
10~10.5cents seems to be a hurdle, page-6
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Last
77.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $176.7M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 650 | 78.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 79.5¢ | 6000 | 1 |
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| Last trade - 16.12pm 15/11/2024 (20 minute delay) ? |
| NDO (ASX) Chart |
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