NDO 1.89% 78.0¢ nido education limited

Occam has a point with water possibly effecting the oil flow....

  1. 480 Posts.
    Occam has a point with water possibly effecting the oil flow. This has happened to other operators in the past, like woodside with Offshore Mauritania. Production rates dropped off significantly after a few yrs. Oil is a risky business, which we all know.

    Once ndo can prove the production rates are stabilized, and production has been going on for a few months with no problems , institution will be back on board, as most of the risky startup problem have gone.

    Short term the shares most probably aren't going to rally or dive that much. Longer term could be a different story..... Hopefully the story has a happy ending....
 
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