arttse
You have partly based your upgraded NDO target on 'upcoming positive announcements in the North Sea'. Would you mind expanding on this?
I understand from some earlier posts that UK gas prices are likely to be in for a decent rise, which would clearly make any gas discoveries in NDO's blocks a lot more valuable. As well, from memory hasn't previous drilling on 47/a or 47/b already found gas is present (albeit when prices were heaps lower than now). For some reason the figure of a possible 200Bcfg sticks in my mind. If that is so, at today's prices those blocks would be worth a tidy sum indeed for NDO's 50% share.
I'd appreciate any insights you might have to share.
brokers valuation, page-2
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Last
92.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $209.8M | |||
| Open | High | Low | Value | Volume |
| 90.0¢ | 92.0¢ | 89.0¢ | $57.94K | 64.72K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 24468 | 89.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 92.0¢ | 504 | 1 |
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| Last trade - 16.10pm 05/06/2024 (20 minute delay) ? |
| NDO (ASX) Chart |