NDO 2.27% 90.0¢ nido education limited

NDO - Market Cap at 3.3c is 67 million, Oil 1920 BOPD, Cash 18.8...

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    NDO - Market Cap at 3.3c is 67 million, Oil 1920 BOPD, Cash 18.8 million, Debt 18.8 million admin - 6 million pa
    OEL -Market Cap at 9.0c is 106 million, Oil 2800 BOPD, Cash 7.8 million, Debt ZERO million admin - 6.4 million pa

    Combined Company NOELDO
    Market Cap 173 million, Oil 4720 BOPD, Cash 26.6 million, Debt 18.8 million admin - 12.4 million pa(Ridiculous)
    Annual Sales - $189 million

    Cut admin by 4 million pa, Production operating costs by 10 to 15%, 6million pa, half the total exploration budget to 30million PA

    By really quick analysis this company would generate a huge free cash flow of up to 80million pa

    Get WL up and running as a second asset, develop Galoc North. Add an additional 2000 bopd minimum, Total around 7000 bopd, what would the cash flow be then free over 100million on a P/E of 6 to 8 makes the company worth $400million to 500million! Not 173!!

    That's why this should happen!
 
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