to me it was always about the Cashflow ..cash build in bank ..
for me the Indo + Barra Drilling was all a waste of time and Money !!!
we Should always have concentrated on the Galoc + WL developments for the added cashflows ..
now its ripe for asset stripping ..from a smart BIG Shareholder ..that took the reigns and did it for himself . .. get rid of management .. stop exploring .. Milk the cash-flows and the Known Oil Reserves .. for 5 years
earning $40m pa just from Galoc to Fund NG + WL development + Production increases.
a Basic strategy .. but Profitable !!
NDO Price at posting:
5.1¢ Sentiment: Buy Disclosure: Held
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