re: drillsearch trading halt
Well they told all who rang, and this has been mentioned here.
We are in discussion with finance groups, if we can arrange the finance for the ongoing and extended drill program then there will be no need to issue the extra shares. The shareplacement is an emergency situation as we cannot under any circumstance default on payments to Santos.
Now in light of this it there can only be one of two explanations in my mind, One the news is good and there is finance in place. Two it is out of left field and could be very bad (gurgle) Lets hope it is the former. Watch the share price, news will leak no sweat.
falko
DLS Price at posting:
0.0¢ Sentiment: Buy Disclosure: Not Held
