CEO is using this too, you could be the next CEO, wait and see, be prepared to sit. TDO has kept day-to-day costs minimal, talked to potential farmees try to get as many interested as you can, supply data, wait for interest hopefully from at least 2 principals.
There is no problem I can see in doing that at the moment, the jewel for me is WA527, and TDO isnt being hurt by waiting on more results from CVN/STO in WA437. Interest may form to a crescendo ie. take-over of CVN would be great for TDO. May happen in the next year.
TDO could go for a capital raising for 3D/processing off Tasmania, there is a need nowish, or relinquish lease next early year. A capital raising would hit share price, I wouldn't mind a $4M capital raising, offer price around 8.5c. Take a temporary hit for the team?
Bedout Basin Drill History RISC presentation, page-11
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Last
7.9¢ |
Change
0.000(0.00%) |
Mkt cap ! $26.18M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 50000 | 8.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 8.2¢ | 200000 | 1 |
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| Last trade - 16.12pm 19/07/2024 (20 minute delay) ? |
| TDO (ASX) Chart |
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