I dare say they have a few options now which they have been working on in the back ground. Its a matter of which one of them is the best next move. The next well has to come in otherwise we may be in a sticky situation. I wouldn't call this a sticky situation, just part of doing business, sometimes oil is in the ground other times it is water.
Agree, with you P1k that Nido need to release a going forward plan and funding requirements. I assume this will happen after they meet with Shell for the autopsy of Gindarra.
IMO, next announement will be confirming the water in Gindarra (Monday/Tuesday), followed by another one the following Monday/Tuesday telling us where we are placed and what to next.
Hopefully Shell still see value in the SC and want to move forward with another well sooner rather than later or never. THis is what will determine Nido's next move, imo.
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