Trousergecko,
Are you new in TDO ? Appear that you are very exciting and hopeful something will eventuate in the near term.
I have been in this stock for almost 8 years, disappointment after disappointment is the story since its inception.
Don't foresee anything tangible happen this year or next year.
They would have organised the finance for the upcoming 3 D survey, but they didn't - now the environmental approval is granted to proceed, looks like they look at each other (like a stunned mullet) what we do next with no finance arranged.
The bottom line is ,the people in charge are either unrealistic, clueless or inept or all the above to cut any deal to progress this company.
The last capital raising - just for $1.5 million, basically to ensure they get their monthly wages for a year.
Oil or gas exploration is a very capital intensive business, TDO don't even has enough money to set up a small suburban corner store.
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