NDO 1.23% 80.0¢ nido education limited

sc54, page-6

  1. 396 Posts.
    Hi 62strat,

    Yes thats the page. I was looking at the 'inboard strategy' in particular but missed the keyword being 'option' of drilling the proven fields that flowed at 3,000 bopd. Its interesting that they would pass up that opportunity and likely cashflows as surely this will affect the likelihood of Kairiki being able to fund another 2 drills which looks possible from rigg availability perspective. They must be hoping to get something similar to Nido B with possibly 6,000+ barrels a day, which wouldn't be too bad.

    BTW, Lapu Lapu hasn't been drilled before has it?
 
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