Given that Nido have no track record of puffing up their goods or handing out announcements like confectionary to appease shareholders with a short term view, I think we will hear from them when they have something to say.
Over the last few months the path to being a physical producer of oil has been full of potholes, yet each step, and each stumble, has been reported to shareholders in a timely manner, and right now there is nothing to be added.
What they are embracing at the moment is not like turning on a tap, it is the culmination of years of work which will propel them to new levels as a corporation, therefore needs a bit of patience from the investing fraternity.
The alternative to waiting it out - "sell". Quit them because they don't have a high flying advertising department, and put the money into something that puffs up its progress on a daily basis.
And by the way, if Nido are dragging their feet on the news front, what about the other Galoc partners. Their silence is just as deafening
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