NDO 1.27% 80.0¢ nido education limited

18.5m put through, page-14

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    Thanks for your kind comments Racey. Very interesting afternoon indeed. Dave & Joanne's day was filled with visits to various insto's and the presentation to First NZ Capital. There are a few tongues wagging in Wellington today! Nothing new on Galoc that we all don't already know except to say that the POD approval was more important than I gave it credit for. Watch this space for Cool & Virgo, NDO shareholders could (will?)do exceptionally well out of this - IPO's this year. W Linipacan A & B is mouth watering with numbers equal to Galoc - so NDO's share could be 13,000 bopd for Galoc & W Linipacan - extrapolate that to a market cap at a PE of 10 and be surprised - very surprised. Not much chance to talk about Yilgarn but what was said vindicated the positive views expressed on HC. Also a way of bringing enormous expertise onboard with the new YGL directors in terms of Turbidite fairways. All in all interesting presentation and as a vote of confidence I know orders were placed by listeners.
 
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