Have you factored in that they have already in place a $100m loan from HSBC to develop the Airth project?
Have you factored in the real possibility that they will farm out parts of their shale prospects near Manchester in the short to medium term?
But other than that you were spot on with your comment "[t]here is simply no money to continue with development...".
The constant whining and self-pity on this thread reminds me of the adage about misery enjoying company. Why bother holding the stock if you rate management so poorly, why bother repeatedly posting if you don't hold DTE and are sworn never to hold DTE again?
DTE Price at posting:
5.2¢ Sentiment: Hold Disclosure: Held