NDO 0.00% 88.0¢ nido education limited

The reserve upgrade doesnt change the fact the field is...

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    The reserve upgrade doesnt change the fact the field is declining. I Mean really any one in the know knows you dont depleat a field 70% and have it still pumping at 50% of the original level. A upgrade was always on the cards it doesnt change the fact that to get production up many 10s of millions of $ will be required to keep production at or above these levels heading into the future. Where is nido going to get its share of cash ? Plan A was Tindalo would bankroll everything which failed . Plan B is Gindara will fund everythign going forward ? Plan C hit shareholders for more funds. I know which option i would put my money on this is nido at the end of the day.
 
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