they just steal your money with little chance of success.
Hope these posters who trashed you gassin, can see that exploration is the same as a rigged poker machine.
Yet they are prepared to sit at the machine, year after year.
Do these same posters look in their NDO wallets, and ask why we dont have more coin? where has it all gone?
Their issue, is that they bark company mantra of the oil industry, is to perpetuate the exploration model, that seeks to explore without net gains, so long as they can have a little flag on their car, saying they are in the game. And paying for phils wages.
Its time we consider how to change the game, so that the poker oil machine doesnt just keep stealing it away.
If this business model was adopted years ago, the shares would not have been at 2c, nor would we have had to do a capital raising to dilute 40% at such low prices, or at all.
But for the old regime, who cares right? because they will support the management of the next capital raising at 2c, and wonder why they will NEVER get the shares above 4c. Because you have 5 billion shares on issue !!!
The thinking must evolve.
NDO Price at posting:
3.3¢ Sentiment: Buy Disclosure: Held