Way too much focus on exploration and not enough on production...My thoughts are they "must/hopefully" have a hell of a lot of ideas in the back of the mind, that cant go on paper (commercially sensitive" about JV's farm in and spin offs....because the future outlook looks very very risky based on whats in this "garbage".
They are so interested in developing a resource and reserves they have forgotten what pays the bills....makes them an obvious take over target by Santos or Origin but most likely after the share price falls further. DLS may even get to merge or acquire if they keep this rot up.
I think they have found it hard to build/sustain production and have given up being measured as a producer....and thats not good at all.
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