NDO 0.00% 86.0¢ nido education limited

Avarian, I agree, the lost ROI is annoying. The income receipts...

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    Avarian, I agree, the lost ROI is annoying. The income receipts on the qtlys would have looked a lot better if production was underway when oil was climbing to $147/bbl. still, delays at the commissioning stage are inherent in this industry...cest la vie!

    I take note of what you're saying re the reservoir profile/materials/contractors and capex etc, but the next one for Nido will not have the GPC (Vitol) calling (all?) the shots.

    For a bit of an overview on who pays for what during the RI commissioning phase, have a look at pages 2-3 of..
    http://www.asx.com.au/asxpdf/20080901/pdf/31c27szjj6twvh.pdf
 
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