"To make money on them at this price you will need a discovery or even much higher oil prices."
Isn't that the point 6. This is a speccie stock that is drilling to make discoveries.
We have the higher oil prices and if you read my post from a while back quote from the Chairman "....but needless to say we are benefiting positively from the high oil prices."
The reasons why the Dixon's sold that have been or will be posted on HC is highly speculative but I am sure that people will always be prepared to apply a negative spin to it to further their own cause.
Anyhow as I said we will know better the direction and ability of the new Co once the merger takes place. In the meantime you can expect more ill-advised comments on the attributes of DLS.
Cheers BW
DLS Price at posting:
0.0¢ Sentiment: LT Buy Disclosure: Held
