My original valuation of the company was $120 to $150 million...

My original valuation of the company was $120 to $150 million which I think is still on the low side but that is based on production.

Could be $200 million plus. That's not blowing smoke with what I have heard from some of you well informed guys on this site.

Surely SC54A which has oil, lots of it, granted it is with water, WL as per Nui article yesterday has huge potential and Galoc Nth expansion is way to much for a little company like NDO to deal with. Get into bed with the right partners is what is required to bring out the value and that hasn't been done very well except until lately.

Selling parts of the company or working in relationship with other partners is one way ahead to unlock value.

The market haven't bought the story but it is about to change!