It was mentioned at the AGM that some exciting news on ROD is expected in the not too distant future - keep an eye on this as it is likely to surprise.
Also, it might be worth while keeping a watch on developments with regard to the Spratly Islands - right next door to Palawan.
I had a chat to Leonardo Ote about the Spratly Islands at the Nido AGM and he said that China, Vietnam and the Philippines had recently conducted a joint seismic study over this hotly contested region and that they were in the process of evaluating the results. Any positive news coming out of their study can only be good for the value of the large exploration acreage held by Nido near by.
Here are a couple of relevant links:
http://www.taipeitimes.com/News/editorials/archives/2005/07/19/2003264151
http://www.collectionscanada.ca/obj/s4/f2/dsk2/tape15/PQDD_0019/MQ36398.pdf
honest mik , page-8
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