re: Ann: Business Update and Release of Inter... "It is the same strategy adopted by the previous board."
Yes and basically I am happy about / agree with that approach at this point in time UK looks like best option, NSW on hold, get rid of the rest at the best price possible - the global vision didn't work out.
"Overheads $1.1 million per month, approximately one-third of the level prior to the restructuring, and the Company is debt-free." "$32.6m cash"
So DTE has a bit of time before the next cr but is still a flip of the coin on whether the UK anti coal gas forces win like they did in NSW plus the uncertainty of whether UK wells will be profitable (I think they should be imho).
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