I couldn't agree with you more Boysy, get the debt paid off, cut back the hole drilling to a minimum, get WL up and running in a sensible cost effective manner, close down one of the admin branch. Get the money in the bank. Have one quarter where most of the money from Galoc hits the bottom line. Lets have less excitement and more substance!
I think a merger with OEL makes a whole lot of sense for both companies and would position a merged entity into a completely different class of company. Should create real value. Just my opinion and would need major shareholder approval of both companies.
After the Bara failure I think the last of high risk driller investors may have exited the NDO stock.
Time for Phil to show clear direction to where we are headed and hunt down a new school of investors.
Create some value.
NDO Price at posting:
3.2¢ Sentiment: Hold Disclosure: Held
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