manila, page-2

master of sin - it might retrace mate - maybe another large holder will get their nose out of joint? Maybe some will panic at the number of shares etc...

But just think about this - and I do beg you to do your homework...

Beach Petroleum has an UNDILUTED market cap tonight of about $400 million. On my calculations last financial year they produced roughly boe to NDO Galoc estimates.

Now - BPT is a very, very healthy company making profits for 3 years and growing them. Nido has "potential" to acheive BPT performance in 2007.

Can NDO do it? How do the other assets compare? How does management compare?

BPT is a member of the ASX 300 and potentially soon ASX200. Funds had to buy it based on this and the good financial performance of course.

Can Nido do this in 2 years? Can they do much much more with a GLOBAL focus and smart management?

Maybe those that bought 127 million shares at 15 cents believe so?

By the way - if it falls to 14 cents then us long termers won't be phased - still a 7+ bagger at those prices for a lot of us ;-)

"Don't Get Caught Snoozing" ;-)