even if we have 4 dry holes ..we have support and hope from
the 50m pa cashflow, that will build up in the bank over the 6 years of production ..
then after 6 years of $50mpa income($300m),after allowing for development costs for the WL production ($50m) starting in 2015 ..
we could end up with $200m cash or 10c in sp terms in 2020.
that's not so bad from 3.5c is it ??
add to that we may hit NEW oil in the next 5 years from upcoming opportunities as yet unknown ..that may be a gamechanger too..
NDO is a SAFE play for NEW oil ..with cashflows to support the exploration and Developments NDO have interests in over the next 5+ years .
whats the verdict???, page-11
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Last
77.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $176.7M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 650 | 78.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 79.5¢ | 6000 | 1 |
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| Last trade - 16.12pm 15/11/2024 (20 minute delay) ? |
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