NDO 0.00% 72.5¢ nido education limited

Well unless they negotiated another deal (and there's been no...

  1. 6,106 Posts.
    lightbulb Created with Sketch. 18
    Well unless they negotiated another deal (and there's been no ann on that), the right to increase the NDO WI in the Gurita PSC up to 20% expired at the completion of the running of the 13-3/8" casing point on Gobi.

    So 10% of 24mmbbls estimated resource potential is around 2.4mmbbls to NDO...unless it's bigger than what they initially estimated, but that's what they'll be logging for now.

    At Ronstieb's estimate of US$9/bbl undeveloped, that would add circa an extra 1.05 cents to the previous t/o offer price of 5.5c, so around 6.55 cents should be a new t/o benchmark.. .if OIIP estimates are matched.

    IMO.
 
watchlist Created with Sketch. Add NDO (ASX) to my watchlist
(20min delay)
Last
72.5¢
Change
0.000(0.00%)
Mkt cap ! $188.1M
Open High Low Value Volume
73.0¢ 73.0¢ 72.5¢ $87.96K 120.9K

Buyers (Bids)

No. Vol. Price($)
1 3098 72.5¢
 

Sellers (Offers)

Price($) Vol. No.
78.0¢ 731 1
Last trade - 16.10pm 22/11/2024 (20 minute delay) ?
NDO (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.