Rereading the anns again and going back through the previous anns and comments, and not having first hand knowledge regarding this company, it seems a lot here (holders and sellers) have made the assumption that this is a forgone duster.
Although water bearing, the remarks from the team leader indicate the reservior could in fact be HC, and without running the wire logs they are not 100% sure.
I also noticed prior to the anns the stocks of both KIK and NDO did make a run, and I also noticed although heavy selling on the latest news, there were also some very large buy orders scooping up the sellers along with bot type small buy orders ticking it over.
Im not trying to sway either way, however it seems to me this could possibly still come out as a reasonable play and shouldnt be written off just yet.
Any views from others appreciated.
NDO Price at posting:
5.8¢ Sentiment: None Disclosure: Not Held
