SB - nothing in that presentation that we didn't already know. Only a bit over a year to go until Galoc production - assuming all goes to plan of course. The market will often pay up in advance for earnings 12 - 24 months out. That is what analysts are paid to do - recognise the future numbers and get them and their customers set. You wouldn't want to be out of this stock if Galoc reserves are upgraded to anything near Nido's belief in that presentation.
There are some very interesting comparisons to be made with the mid cap oil/gas producers on the ASX for those interested - worth some time doing that.
Maturing like a fine wine ;-)
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- there you go sandy
SB - nothing in that presentation that we didn't already know....
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