CEO is using this too, you could be the next CEO, wait and see, be prepared to sit. TDO has kept day-to-day costs minimal, talked to potential farmees try to get as many interested as you can, supply data, wait for interest hopefully from at least 2 principals.
There is no problem I can see in doing that at the moment, the jewel for me is WA527, and TDO isnt being hurt by waiting on more results from CVN/STO in WA437. Interest may form to a crescendo ie. take-over of CVN would be great for TDO. May happen in the next year.
TDO could go for a capital raising for 3D/processing off Tasmania, there is a need nowish, or relinquish lease next early year. A capital raising would hit share price, I wouldn't mind a $4M capital raising, offer price around 8.5c. Take a temporary hit for the team?
TDO Price at posting:
11.0¢ Sentiment: None Disclosure: Held
