baragatan-1 well to be re-spudded nido petrole, page-138

if i had that kind of money

what would i do.

Lets see. I buy every retail share i can get.
I cap it at 3.5c
I accumulate it at 3.3c

I buy more than i sell.

Next. I reach 20% holding, i launch a take over.
I buy the remainder out for a 25% premium, as all the NDO holders are sick of the sp being low.
(which i created/ subdued)

Next, i might end up paying 80m for NDO.
I stop all administration, exploration. I collect every cent from galoc.
I sell off all non producing assets.

My payback period on my NDO is just over 1 year.

For the next 4-5 years i collect 3x my investment as surplus.