This is a decent attempt to push the stock up. I read it a couple of times and I must say I agree with Phil's approach of building production to try and internally fund some of the exploration work NDO needs to do.
Its going to take a couple of years to build production. However it would be great if a major could get cracking and make a couple of discoveries in the Palawan. That would kick the NDO price up more than anything.
NDO has said it wants to look outside of the Philllipines - but where? NDO might consider Myanmar - onshore (LOL)
Seriously these guys need to get GalocII, Lincapen West and Galoc Nth flowing (5000 bbl/d). Then they may be ready to go after something outside the Phillipinnes.
Ann: Canaccord Initiates Research Coverage , page-3
-
- There are more pages in this discussion • 4 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add NDO (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
85.3¢ |
Change
-0.028(3.13%) |
Mkt cap ! $194.4M | |||
| Open | High | Low | Value | Volume |
| 86.0¢ | 86.8¢ | 85.0¢ | $68.72K | 80.36K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1100 | 84.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 88.5¢ | 2424 | 1 |
View Market Depth
| Last trade - 15.46pm 11/10/2024 (20 minute delay) ? |
| NDO (ASX) Chart |