Time will continue to be the enemy here with a number of upcoming activities will bcp want to hold through to gobi drilling updates on west linapacan and galoc.the good thing to note in none of the assets is nido operator so I do not believe they could put undue pressure to delay or stall positive announcements. Are bcp going to get 70m shares a day in acceptances over the next 2 weeks to get to the 90% threshold. Will be watching the volume over the next few days I suspect those now holding are not going to cave in to scaremongering by management who we still pay. Why no independent report of value if management truly believed this offer reflected a premium to asset value ?
NDO Price at posting:
5.4¢ Sentiment: Buy Disclosure: Held
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