re: north sea read .. salty TA. Yes I have done alot of work on the UK . It was Nido's interest in this area that first gave it a real s/p 'push'.
Your Galoc numbers look conservative IF they get funded and subject to what % they end up with.
There are pieces of the jigsaw yet to fall into place in the North Sea for Nido.
The company at present has too many uncertainties and is almost impossible to value , except to say , that if 75% of what is planned works out , it will be worth many times its current cap.
Once the North Sea picture and Galoc funding are certain , I expect at least 10c s/p. These events could be announced 'any day'.... although the mkt seems to be saying 'DELAYED' atm.
SALTY
north sea read .., page-7
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Mkt cap ! $205.2M | |||
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