NDO announded this morning that the Tindalo well will be abandoned due to the presence of formation water detected since the earlier announcement on the 23/12.
Not good but at least there will be no further money wasted. This may place some serious pressure on KIK and the other smaller JV partners.
KIK sp will get smashed imho. Look out
DYOR
tindalo well to be abandoned
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Last
82.0¢ |
Change
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Mkt cap ! $187.0M | |||
| Open | High | Low | Value | Volume |
| 84.0¢ | 84.0¢ | 81.0¢ | $61.08K | 74.10K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 7341 | 81.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 85.0¢ | 3829 | 1 |
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| Last trade - 16.10pm 09/09/2024 (20 minute delay) ? |
| NDO (ASX) Chart |