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0.30% 83.0¢ nido education limited

re: northern territory oil. kingsway oil Very late for an oil...

  1. dHarv
    744 Posts.
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    12/09/06
    13:22
    Post #: 1789251
    re: northern territory oil. kingsway oil Very late for an oil float. look at OBL .. could only raise the amount underwritten! LOL!

    NT oil has good assets, better than AKK I believe, so might be ok.

    Depends on whether the current crash will scare everyone off?

    I've also just had a look at kingsway oil, regarding a revitalised Canning Basin, and it looks to have potential as a float. Sally May well has discovered oil in a largish structure, potential from 3MMBLS to 60MMBLS. Reservoir quality and location the problem. Also hot interest in Southern Canning basin acreage.

    Interesting reading - http://www.kingswayoil.com/test/3inv_rel_announce.htm

    NDO Price at posting: 0.0¢ Sentiment: Buy Disclosure: Not Held
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