yes I am happy with the way things are progressing. What the share price does is secondary to the progress - although I would much rather have it up!!
A key point a few are missing around here that got out too soon with 'stinkin thinkin' is that this isn't a "normal" oiler. Too much script on issue? - LOL! Check the market cap of their peers that are producing less than what Nido MIGHT get from Galoc, compare the other assets too - compare the potential production and potential reserves to BPT, ARQ in the lower league and then move up to the next level in ROC, AWE etc... and project potential 2 years out.
Will it happen? Maybe, maybe not - it is a spec stock still. Will the market wait for it to all to happen and oil flowing before buying the stock? - it hasn't waited so far! NOP - it is doing what many have done around here - projected POSSIBLE revenues/profits in the future and compared these to Nido's peers and saw the potential undervaluation.
Good luck SB - you got out, but were smart enough to put the ego to one side and re-evaluate and get back in at still low levels. Others are struggling with "wanting to be right".
You Snooooze, You Looooze
NDO Price at posting:
0.0¢ Sentiment: None Disclosure: Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)