NDO 0.00% 88.0¢ nido education limited

agm presentation, page-10

  1. 87 Posts.
    Salty,

    Didn't hear who was interested re SC 59 but it was intimated that at least one major oil corprration and one large independent company had submitted an expression of interest.

    I've also invested in KIK so I was really interested in the comments made after the AGM. The NIDO guys are pretty confident of securing a rig by the 4th quarter and commented that there is enough opportunity in the shallow water targets to make a financial killing for both companies.

    Re Galoc, the comment Ms Williams made was NIDO expects an income of $400,000/day and payback of the costs of development within 3 months.

    SP3
    Sorry, had to leave by 5pm so I don't know if anyone was invited for dinner.

 
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