SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Bosco & Crossy's stock picks,talk area

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: El Canadiense who wrote (9955)6/4/2005 3:34:28 PM
From: Crossy   of 37387
 
re: DNO.OL - Nigeria/Sao Tome JDZ awards !!

Bingo,
this is not just another front but a "heavyweight" and very prolific new one for DNO.. After the farm-in into the UK Jaguar permit, DNO seems to have partnered with EER.L (Equator Exploration) and obtained a stake in Block 3 and Block 6 of the famed "JDZ" between Nigeria and Sao Tome !

nigeriasaotomejda.com

Once this becomes widely known, fasten your seatbelts ! DNO splits 1:4 late June (June 22nd). Right now that translated into 21 NOK post-split. Well, after this news, the recent $150m USD loan on very low terms plus the Nigeria/JDZ announcements plus the Nabrjah "first oil" announcement, we should get towards 30 NOK post-split in an instant. Looks like 1:4 ratio was an excellent choice. Aggressive for sure but it may pay off !

Never imagined I would become literally attached to Scandinavian Oil <g>

all the best
CROSSY
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext