DLS drillsearch energy limited

g12m0. As I read it, DLS is now net debt of perhaps AUD $2-3...

  1. 12,632 Posts.
    lightbulb Created with Sketch. 8343
    g12m0. As I read it, DLS is now net debt of perhaps AUD $2-3 million. It also means that DLS has added $29 million in cash since June 30!

    Very happy to see the new facility is also multi currency which should mean that any swings will be muted.

    Now to top this off a result on the Hurron prospect would be nice (should get a result on the primary target within the next 7-10 days at a guess, since the well spudded on the 5th of Oct).

    Auto - while I know there are many stocks, the only other onshore oiler actually doing him impact exploration other than DLS, is BRU. So as you have stated many times, DLS is a free option on exploration success. Much better to have that than simply sit in an oiler doing nothing but treading water.
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.