The Facility is to have a 50% expansion completed during May but the latest Presentation states that an increase in flow line is only under initial consideration. It does not make sense to increase capacity without means to transport the output. Also, 8 wells are being utilized at present, & 5 wells are ready for incorporation with another 3 to be connected in the September quarter. Theoretically this will double production. Are shareholders being fully informed on the expansion?
DLS Price at posting:
$1.53 Sentiment: Buy Disclosure: Held