DLS 0.00% 69.0¢ drillsearch energy limited

dls sp supported, page-26

  1. 7,809 Posts.
    re: more good news from dls (fund managers) That is not necessarily true Cumulus.
    All other production wells got very scant detail in their announcements as well, but 6 of them contributed to a big increase in reserves for the company which tells us way more than we were expecting.
    I suspect this new weekly reporting method needs some fine tuning to give the holders the respect they deserve, but I also suspect that the recent success and future production status makes the drill costs more than justifiable. It is all about profit. No profit, then it is a duster. It was not a duster. It has to be economical, and therefore reserves just grew with todays announcement.
 
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