shareprice, page-4

... NDO isn't the flavour of the month in many traders views, but a few weeks ago it was (50-60c proves that); the sophisticated investor placement @ 50c pre-Galoc reserve increment (i.e., only a 64% increase by the way, and add 80m oil-depth of Yakal!) also strikes a chord with those without burnt retinas from chart-gazing.

NDO receives more coverage than OEL and KIK combined, and then multiply that by 10. They have a differing investor base of expectations and have, and will attract, differing levels of volume/attention.

The same news driving other JV partners up is yet to filter through to the _ _ _ (failed to think of a non-derogatory decriptor) sample of NDO traders who might feel a little short-changed right now given the delays.

There was always a reason for NDO to trade at a premium over OEL, and that's only gotten stronger.

But, you have the right to panic and throw a hissy-fit sell if you like. Also bear in mind that at driven, and artificially low sub-30's, the 'bread n butter' traders prefer the volatility that sellers are providing - that'll
soon change chaps.

Fundamentals aren't sexy; remember how long it took WPL to climb up to Deutch's $50 prediction a year-back when it was bobbing around at $30, then hit high $60's pre the current macro slump.

It takes a while for a sentiment driven market, as the Oz market seems to be addicted toward, to actually change their tune.


... your choice ultimately, but the evidence rather than puny panic driven drivel is overwhelming.