who is dumping all these shares?, page-13

K1111
Tindalo first which is only 11 mmbbl and not Gindara which is having 470 mmbbl. or other bigger prospects.

My friend the main reason for this is the risk.
470mmbbl is only guesswork and not defined, Tindalo is almost guaranteed income, which is what NDO needs to gain Institutional support.
High risk areas are generally farmed out because of the enormous cost . In deep water $20-30Mill per well and due to the Credit crisis and low oil price no companies have come forward yet.-maybe something in the pipeline soon?

Chass