NDO 1.76% 83.5¢ nido education limited

no news maybe good news

  1. 37,286 Posts.
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    think about for a minute.

    Nido would have known a week or two ago that in order to fix a problem they would need too undertake further drilling.

    therefore i doubt they'd be sitting around just gazing at their navel..

    perhaps a very tight choke producing oil at minimal level and salvage what they can from the oil reservoir and then move on.

    due to the size of the oil field it's probably not worth spending much more in which you'd probably get about the same result without drilling.

    just a further note the problems with Tinnie have probably put a nail in Yakal's coffin.
 
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