DLS drillsearch energy limited

drillsearch closes 18m 3yr loan facility..., page-3

  1. 7,809 Posts.
    It is the pressure from us holders that got the loan. Management hadn't initiated any action until they saw the dissatisfaction.

    It is great news. Will be easy to pay off with all the oil from Tintaburra, and halts dilution.
    Now if they can pull a farm out for tutle or marina, they may have a slight chance of getting the sp over 20 cents.

    1000 bopd by mid next year is longer than I thought but very good news.
 
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