Nido Petroleum seems to be attracting a bit more interest at last. Probably as a result of presentations currently being given to brokers and their investors. Below is a page lifted from the company’s “Investor Presentation” document currently doing the rounds. Reads well on a risk/reward basis on present pricing in my view, but highly speculative.
KEY MESSAGES
Nido Petroleum has huge upside potential:
Cash flow from Nido A, B and Matinloc – Possible $4 million over next 5 years
Substantial leverage if Galoc Development goes ahead – 30 million barrels gross = $35 million = $0.10/share – 50 million barrels gross = $60 million = $0.16/share
Blue sky exploration:
Pagasa Turbidites Unrisked –500 million barrels gross = $125 million = $0.34/share
Coron North Unrisked –75 million barrels gross = $18 million = $0.05/share
NDO Price at posting:
0.0¢ Sentiment: None Disclosure: Held