re: maybe i was wrong????? arya - that was my initial thinking and still might well be the real story. I had hoped for at least a farm-in that recognised NDO's contribution to Galoc and maybe an increase to AT LEAST 30%? Not to be it seems - and this might be a reason for a selloff? On the other hand however - maybe beter to get 22% of something than 30% of nothing?
Based on the Team Oil and Granby Enterprises websites tonight and Nidos other focus in the North Sea and Cool Energy etc... and the 'Whitby' factor I might give this one a bit more room to breath.
I know - some will say easy for me to say as a long term holder and harder for recent buyers to cop a loss. Still money down the toilet if I am wrong in giving them some latitude.
Do your own research and don't follow me.
re: maybe i was wrong????? arya - that was my initial thinking...
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