NDO nido education limited

the string of stuff ups

  1. 572 Posts.

    The string of stuff ups. Lets not forget 134 m confirmed dry oil column.

    List od NID-isasters

    -botched cement job initially, and well took double the time compared to industry norm

    -problem known with zone of lost circlation and failure to correct in design of well.

    - went berserk with the acid wash.

    -they mislead SH by stating initially problem was with weatherfords -LIARS

    -first workover botched - the cement squeeze second time around was again not to standard

    - Used the incorrect grout to set casing. Vuggy formations require lightweight grout or other engineered solution to the problem posed by this formation. Vuggy

    - zone of lost circulation again raises its ugly head, but again engineers failure to design around this problem.

    - drilled a 120m side track from the original well, and still botched the cement job yet again.

    -Drilling from existing problematic well again and again.

    - used asphaltic expandible packer system not compatible with acid. Acid made the swell packers shrink.

    That would have to be a hanging offence IMO in this game.

    - Meanwhile poor shareholder had to suffer countless CR and pain

    Abandon tindalo

    Jocot and team go to ground to learn from the experience and what a learning experience that would have been.

    Solution, give ourselves a bonus. like little children at preschool. we have been good students, can we have a smiley stamp and some free share and option please.
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)
Last
68.0¢
Change
-0.020(2.86%)
Mkt cap ! $154.9M
Open High Low Value Volume
69.0¢ 70.0¢ 67.8¢ $213.9K 312.7K

Buyers (Bids)

No. Vol. Price($)
4 75501 67.5¢
 

Sellers (Offers)

Price($) Vol. No.
68.0¢ 24518 1
View Market Depth
Last trade - 15.59pm 04/07/2025 (20 minute delay) ?
NDO (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.