Strat,
At no stage have i ever said NDO will have $50m in cash by end of Q4. I was merley making the point that as GALOC keeps producing and NIDO is not spending on drilling then their cash position (by the time they do drill in 2013) will be closer to $50m than it is today.
$50m is only a symbolic number i chose because that is about the market CAP of the company and my point was if cash creeps up over the next 4 Quaters then it would be rediculous to think our market CAP will remain at $50m.
Maybe it wasnt written well but i sense your frustration and deep down you must believe there is some good to come from this company.
sc 63, page-36
Add NDO (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
86.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $196.1M | |||
| Open | High | Low | Value | Volume |
| 86.0¢ | 87.0¢ | 86.0¢ | $14.32K | 16.62K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1238 | 85.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 88.0¢ | 1978 | 1 |
View Market Depth
| Last trade - 12.07pm 03/10/2024 (20 minute delay) ? |
| NDO (ASX) Chart |