I found out this link and discover that Jacot is one of the...

I found out this link and discover that Jacot is one of the speakers in the upcoming 5th Annual World Independent & JR Oil & Gas Congress at Jumeirah Carlton Tower, London UK this 15-17 Nov 2010. http://www.terrapinn.com/2010/independentoil/speakerList.stm

The speakers are quoted as 'truly the movers and shakers of the global oil and gas industry' with speakers from Shell International and other major investment fund companies attending too. So, is Nido trying to marketing themselves there? Will Nido, by then, becoming a company that really move and shake the global oil and gas industry, with the help of oil-spurring Tindalo and a drill-ready Gindara with strategic partners? I think if Jacot is confident to reserve a speakers seat there, perhaps Nido could really make it.

But what is so disappointing is that Nido managements sluggish response towards the major weak holders sell down since it has begun in Jan 2010. Are they allowing it to happen just because they could get more performance rights on the 15 March 2010 and 30 April 2010? Why are they not doing enough NOW to market to other investors when it is obvious there is a major seller wanting to get out? Hopefully, by this week or next, the major seller has sold off their remaining last shares and the true value of Nido will be reflected in the up trending share prices.

If the management is not doing enough to prevent the sell down, then we will need all support of the common shareholders to ride these choppy tides together. When the major seller sells off the last piece of Nido share, we will know we have made it through!

Management of a public listed company has the responsibility to answer to all shareholders and if we did not get a satisfying answer, we will hear from them on this 21 May 2010! I do hope they could do something useful NOW or they will find their resolutions hitting nails!!!