Nido don't need more projects they just need BHP/Shell/other major to sign up to drill 4 wells paying most of the cost but leaving NDO with decent equity in their permits.
ie - SC54, Major funds 70% of SC54 and drills 2holes to earn 50% equity.
- NDO funds 20% but maintains 34%.
- KIK funds 10% but maintains 16%.
Repeat something similar over SC58/ SC63.
Of course we've been waiting for Gindarra for so long it would be rude of it not to be filled to spill.
Not much to ask really, is it! :)
Nido don't need more projects they just need BHP/Shell/other...
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