Alot of the specifics were not provided in the quarterly. That is, with regards to SC54, YGL stated in their quarterly that the drilling commitment phase has been extended for a further 6 months until 5 August 2007. Nido did not mention anything about this.
With regards to their UK assets, Nido only mentioned about the merger. Nothing else. It may be worthwhile having a look at NWE's quarterly to see what NWE said about one of the blocks. Interesting....
Also wondering why ROD strategy was mentioned. I figure Nido is trying to keep this a top secret. At the AGM they indicated that there would be a significant development by now, but apparently not.
NDO Price at posting:
0.0¢ Sentiment: Buy Disclosure: Not Held
