TDO 2.56% 8.0¢ 3d energi limited

Ann: Annual General Meeting Presentation, page-3

  1. 3,370 Posts.
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    yes totally agree in that respect Blue, pretty sick of the same ol same ol - but i would say the snails pace of TDO could end up being its saviour and my investment in it becuase we have been through the oil trough and are now moving out of it and TDO has not issued one bit of paper unlike many others who are now swimming in their own shares. The assets seem good. The potential JV partners if they are turely big Cos can take eternity to move and so TDO are left with saying the same until they bite. The change in around drill/seismic is i feel an interesting change - and typcial of large Cos to do extra work and pick their own target not just relying on the one target selected by TDO and also gives them more flexibility in terms of comitting to drill. - hang in because this could be the classic oh stuff it and walk away to find one month later bang - a deal is done - 240m odd shares on issue plus possible remittance of prev expl $$ means TDO just need to seal this JV and we as shareholders will be much happier.
 
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