letter to shareholders, page-3

'I'm not impressed. Message seemns to be be prepared for more dificulties. I would just like update on Galoc.'

Kyme, all he is trying to say in the letter is that it is difficult times for all companies worldwide, and NDO is not excused from this fact. In the short term we all know the issues in the market and oil price but these will correct themself. As for his comment around production, this is normal with any newly producing well and note how he mentions 'typhoon prone time of year', this is so if another large typhoon does come through and disconnection needs to occur the sceptics cant say they werent prepared. FYI - typhoon season is formally acknowledged as being from June to October.

As for all the pessimism and downrampers, stop being so short sighted! Either hold or sell. If you dont hold then dont post on this thread as your negative comments are of no use. Loyal longe term holders know where this company is going to be in 2 or so years.