Yes, Shell got it wrong!
IT happened many times before, this perhaps won't even put a dent on shell's financial position, to KIK and NDO, the effect is massive.
Drill 4 wells? You really think so?
At this stage, without waiting the final verdict on this well, NDO and KIK are like new companies, they need to be evaluated on what they have already got, minus the dreams.
I guess KIK has around 3.5 million cash, anyone like to put value on the rest, realistically!
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Open | High | Low | Value | Volume |
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4 | 175013 | 0.067 |
1 | 49271 | 0.066 |
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2 | 212500 | 0.064 |
Price($) | Vol. | No. |
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0.071 | 43000 | 1 |
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