NDO 1.16% 87.0¢ nido education limited

p1000 or any other experts, page-7

  1. 24 Posts.
    Hi P1000

    It's been tough but I think we are a little cheap against intrinsic value so I agree what the company says next is the key point.
    Well I guess we move on to the next target.I would guess that will be Aboabo. My impression is this should more an appraisal well than just a blind drill. Is that how you'd see it? I'm not sure how big a target it is suppossed to be and obviously it will be harder to commerialise if it's just gas. However if it's a worthwhile target then proving it up could make it saleable without waiting around to develop it. I would try to do that. We know others are looking for gas nearby so it could useful to a dedicated gas player. Do you have any sense of the drilling history or the size of the likely target?
 
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