Hi Barry Crocker,Agree with your view.Looking at peers, NEN is...

Hi Barry Crocker,

Agree with your view.

Looking at peers,

NEN is producing 550 bbl per day, has huge prespect in Vianam 2 billion bbls, NEN (15%-50%) MC $232 million.

HOG producing 6 MMcf gas per day, looks like nothing else, MC 55 million >NDO.

WHN has 2D seisimic results--3 billion bbls in place (WHN 30% possible) No production MC> NDO

CVN producing 1100bbls per day, MC > NDO

AMU producing half of NDO's profuction (with huge debt), MC> NDO

If you ask me to find another stock producing 1600 bbl per day, but MC under $45 million with no cash, sorry I cannot find it from ASX.

If you ask me to find another stock: producing 1600 bbl per day, with $20 million cash on hand, MC under $45 million, sorry I can not find in this world!