NDO 2.27% 90.0¢ nido education limited

60% interest in galoc..??, page-10

  1. 37,286 Posts.
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    hi ice..

    imo the funding is just around the corner.

    David will not want cape/team having any chance of obtaining the finance (not that have any chance), so the sooner he can put together a deal the better.

    plus as we mentioned yesterday, i'm sure david (not a 100% sure) would probably like to be the operator.

    that way he controls whatever happens, rather than someone else running the show.

    he see's Galoc a fairly simple 2well setup (perhaps more later on), nothing that difficult he couldn't run himself.

    if Nido can obtain say a 60% interest, it would be absolutely fantastic for Nido share holders.

    the above is only an opinion, as i don't have any first hand knowledge.

    a few comments about the above would be appreciated.

    finaly, nothing sinister in fridays trading.

    the market can always throw in a surprise now and then.

    perhaps some really don't understand whats happened in the past couple of weeks re: announcements.

    please seek professional advice..

    regards

 
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