re: ndo - up 7.5% Like your summary t4p.not knowing much about...

re: ndo - up 7.5% Like your summary t4p.

not knowing much about oil, it's good to have it put in "more plainerer" english. all sounds impressive / promising.

would be great timing for NDO to give us / market some news Mon morn esp in light of a slightly higher (if unconvincing) finish today. Tho, as we've seen there traders who know when news is coming the day before it arrives, so maybe Tues morn would be better so the sp gets some action Mon ... ?

must confess felt a bit mixed about the finish: good - no-one sold out in the end at 4.1; unsure - no-one picked up that 4.2; good - the 4.2 didn't just give up at 4.1.

But, I guess in the great scheme of things, if NDO is one day sitting at 20c, 50c, $1? these little plays will appear very distant and insignificant. (Getting late, starting to waffle ... )

I'd be happy to see NDO establish around 4.4 - 4.8 next week before moving up.

cheers