Dargie,
You always manage to find a cloud whenever we see any silver lining and you are so negative about all to do with NDO. It makes me wonder whether any stock meets with your approval or whether you are just a negative grumpy soul. Negativity is what I've come to expect of your posts.
I have been disappointed by numerous management decisions and the unjustified rewards they have given themselves over the years which have been reflected in the high running costs of NDO. I also agree with many posters who have criticised PB for the free shares he has had lavished upon him. Nonetheless, NDO has a number of pluses which the market seems to be oblivious to or ignore and are not IMO adequately recognised in the SP. IMO the current SP does not reflect a fair value for NDO let alone any success at Bara. Unfortunately, the market being what it is ATM will punish us in the short term for failure at Bara but in time the SP will recover. However, we know that this region possesses all the necessary characteristics to become a more significant oil producer so the prospects for a larger oil discovery at Bara are quite good.
I don't recollect any post of yours acknowledging anything positive about NDO, it is possible I am wrong and I look forward to you proving me wrong about your negativity.
ANZ
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