4.2, page-21

Raving

Gotta say I agree with your assessment of the potential for DTE. Bowland could be huge and they have a lot of other assets around the world (too many you could say given the cash burn). I am confident that DTE can right the ship. They should be pursuing farm-outs / sales to minimise / eliminate cash burn and focus on a couple of projects.

IMO they are extremely cheap at present. I put my money where my mouth is and bought in friday and monday (and i'm already down 20%. So much for timing).

As for current management they need to be removed. They have burn't through $200m approx and haven't got to production / monetisation on anything. To continue to pursue their extremely broad strategy on multiple continents / fronts when there have been lots of red flags re politics etc was a monumental stuff up.

Not sure how we get management out though. It would be good for all if the major shareholders stood up. But maybe they have another plan.