come on nido ann either shell or bhp as jvp, page-20

Hi all,
I am a little confused on this one. Firstly, NDO does seem to be under pressure from seller/s, this "fact" no one on HC has argued with! But, if NDO has such high quality acreage and many suitors to farm in, one would think it would be not in their best interest to sell as this above JV biz will happen in the foreseeable future. Even if these sellers disappeared for a while , again one would assume that over a short period of time that the SP will increase on anticipation of the JV, and then the sellers could get a few extra cent's if they elected to fire sale their assets. Other juniors have rallied with the recent increase in the POO, is the persistent seller/s the reason why NDO is in limbo. So who are they, how many shares are they selling in the low eights, and why?