NDO 2.99% 86.0¢ nido education limited

sandy, page-12

  1. 1,138 Posts.
    Who knows?

    But you lead in on the big statement for our times that nothing lasts forever. The more they work the field then the better idea they will have.

    Also reserves are based an economic premise that extraction costs do not exceed return value, so in 18 months time if oil is US$200 bbl then there will be reserve upgrades all over the place including Galoc. It will be worthwhile to work it over more.
 
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