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BILLION BARREL BONANZA, page-356

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Rob1_Acc

1,298 Posts.

170

31/07/21

21:02

Post #: 54933074
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Originally posted by afawcett: ↑

I remember holding shares in NDO when they held those licenses and the main issue with the large prospects was getting a large partner and avoiding Chinese harassment in the further out areas. Much of the potential unfortunately also goes out into the disputed waters. Hence they couldn’t get a large partner to fund drills.

The potential is massive and the redevelopments are good low risk opportunities. Though not with out risk as Ndo experienced with Tindalo. The unexpected high water cut was due to vugs/fractures communicating with the water table.

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Also, any chance you can provide further relevant information on the details of the Service Contracts.

SGC Price at posting: 5.2¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 0.5¢		Change 0.000(0.00%)		Mkt cap ! $3.898M

Open	High	Low	Value	Volume
0.5¢	0.5¢	0.5¢	$600	120K

Buyers (Bids)

No.	Vol.	Price($)
4	1429998	0.5¢

Sellers (Offers)

Price($)	Vol.	No.
0.6¢	5547961	7

View Market Depth

No.	Vol.	Price($)
4	1429998	0.005
8	6529524	0.004
11	9408331	0.003
3	8850000	0.002
2	10500500	0.001

Price($)	Vol.	No.
0.006	5547961	7
0.007	3080186	5
0.008	900000	1
0.009	1225376	2
0.010	1066562	2

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