massive cash flow in 6 months

Mathowa's, post has provided some useful information.

If Tindalo flows as expected at the same rate as Galoc then based on the average Galoc flow rate of 12,500 bbls per day Nido's share of the two fields will be 12,500 x 0.82879 = 10,360 bbls/day.

At the current oil price of approximately US$64 that equates to approximately US$663,040 per day.

Converted to AU$ at 1.22093 = AU$809,525 per day
x 365 = AU$295,476,781 per year.

I am allowing for at least 20% down time due to tropical cyclones as they can run from May/June to November/December
so feel free to make what ever downtime allowances you feel comfortable with.

AU$295,476,781 x 0.8 = AU$235,381,425 per year income.

Current market cap is AU$162,876,290

Between now and the next 6 months the share price has to rise, especially if Tindalo comes online and flow rates are as expected.

To add to this, completion of the seismic for SC63 is being planned ideally for the the end of the year and working on previous timetables for Tindalo and Yakal we can expect one or two targets to be drilled about 7 months later.

She is looking good :)