NDO 2.33% 88.0¢ nido education limited

interest att spozzie and shakespeare, page-6

  1. 1,104 Posts.
    Sav-J

    I take your post and would add that you have not included the debt of 50% and farmout would more than likely be 50% as well:

    So:

    11.6 billion barrell mean resource which mind you is UOIIP

    35% recovery rate = 4.06 billion barrells, and

    they only have 50% of the package = 2.03 billion barrels

    50% debt = 1.01 bill barrels

    a farmout of 50% being a MAJOR interest leaves them 50% of .5 billion barrells = 500 million barrells.

    I think you need to re-look at your calcs as you have double dipped on the 50% ownership but neglected the debt and I have included a conservative and realistic farmout.

    Happy to be proven incorrect:)
 
watchlist Created with Sketch. Add NDO (ASX) to my watchlist
(20min delay)
Last
88.0¢
Change
0.020(2.33%)
Mkt cap ! $200.7M
Open High Low Value Volume
88.0¢ 88.0¢ 88.0¢ $11 12

Buyers (Bids)

No. Vol. Price($)
1 55739 85.0¢
 

Sellers (Offers)

Price($) Vol. No.
90.0¢ 20000 1
View Market Depth
Last trade - 10.06am 26/07/2024 (20 minute delay) ?
NDO (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.