DLS drillsearch energy limited

A great report. US $90+ million + the rest in AUD giving them...

  1. 12,632 Posts.
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    A great report.
    US $90+ million + the rest in AUD giving them $162 million in cash.
    Soon to have $100 million credit facility, plus the current $35 million facility.
    Total liquidity of $297 million.

    Profit margin on its oil of over $50 per barrel, highest production in a year etc etc.

    Very comfortable holding DLS.
 
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