hi guys
it's totally amazing at what David and his team achieved in the second half of 2004.
what i did was look at the first half v's the second half of 2004 & early 2005.
plenty of BIG achievements, i have no idea how they managed so much.
in real terms it turned Nido around from a struggling company. into a company that has a very very bright future.
here are some examples
(1)Production improvement Nido & Matinloc joint venture
(2)Other interested parties in galoc joint venture
(3)North Sea blocks
(4)Cool Energy investment
(5)AIM with Norwest Energy (North Sea)
(6)Board Re-structure (great talent)
(7)Investment in Nido from overseas financial institutions.
(8)Much stronger top20 shareholders
thats just naming a few things that happened. the list just keeps going.
with talk going around about an oil price over US$100, it makes you think what Nido's shareprice might be in say 12months...
as i said recently imo Nido is probably the best share under 10cents (oil/gas).
imo it's well worth the effort spending sometime looking over Nido you'll be amazed at it's potential
as usual trade safely.
regards
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