NDO 0.00% 88.5¢ nido education limited

re: Ann: Nido Secures Dragon Oil as Farmin Pa... apologies, that...

  1. 75 Posts.
    re: Ann: Nido Secures Dragon Oil as Farmin Pa... apologies, that was a blank moment of me ...

    what I meant was:
    Stage 1 Stage 2
    Dragon 40 % 50 % (taking on 10% from PNOC)
    PNOC 50 % 30 % (giving away 10% to each partner)
    Nido 10 % 20 % (taking on 10 % from PNOC)

    That's how I understood it to work. A re-negotiation to 25% NDO WI I see as unlikely. I might be wrong though - stranger things happened ...
 
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