NDO 0.00% 88.5¢ nido education limited

"1.4mbo in the first year gives NDO a nice little revenue stream...

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    "1.4mbo in the first year gives NDO a nice little revenue stream of about 30m from SC14. They could have added that to the banner. "

    Kristy,

    Not sure how you arrived at $30M revenue.

    Based on the price of oil (lets say $66/[email protected]) the revenue from Galoc would be in excess of to US$70M.

    Note that SC14 also contains West Linapacan which will also produce an aditional US$50M (approx).

    So in the 1st year of production Nido could very easily be earning in excess of US$130M from SC14 alone.
    That's assuming the price of oil is $66/barrel.

    What if the price of oil is $100 by then.
 
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