NDO 3.53% 88.0¢ nido education limited

Geez, here we go again.Trying to be positive but this news is...

  1. 3,184 Posts.
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    Geez, here we go again.

    Trying to be positive but this news is hardly anything to get excited about.

    These results can only be considered break even at best. I suppose that's better than abandoning the well but the elephant in the room continues to be the watercut issue. I'm not so sure about using the ESP again. Everytime the ESP has been used on this well in the past, the watercut has blown right out. P1k, you will no doubt have a better take on the use of the ESP than I do.

    This thing is sucking the life out of NDO and KIK. I tend to agree with some posters who suggest that KIK will be in serious trouble if this (Tindalo) falls in a heap. Suffice to say, a takeover will be inevitable imho.

    I'd like to say good luck to holders but I don't want to jinx anything.

    DYOR
 
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