NDO at the present time in its history is making the deals to secure its long term future. So forget about PE at the moment, its all about the future, what will NDO be earning in 2 years time?
The most amazing part of this company ,(AND what price is this worth) is that its done the seismic 2D and 3D testing and now has the upper hand in looking for new big partners.
HOW much is this worth to its share price?
The farm In by a Super Major to assist NDO to carry out the drilling of their tenements will be worth alot to NDO going forward.
Im sure NDO management will get a great deal for all the shareholders. This will add great value to current share price.
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