is ndo the better prospect ?, page-4

The controlling shareholders should simply join the two f###ers together. Save a bomb on running costs and join their prospect and cash and Galoc cashflow together and build a stronger company with more critical mass.

When I do these comparisons, I always start with the market cap of each business and take it from there.

If Oel goes any lower (and it will during the tax loss selling) then the balance tips in its scales for now.

Admin costs at NDO are too high, although they are both very undervalued if Galoc Phase II goes according to plan.