if dls tskeover 3d,beach have the right, but not the obligation,to choose to walk.
gambling like poker---will they fold or raise?.better than poker,if you take the drillsearch offer,you have better odds on the upside than the downside.
i was a great artesian holder,and traded drillsearch after that.did alright from trading drillsearch capital raising. i have watched drillsearch for a while,and think the cooper seismic is something they can sit on for only so long.without beach,monetising small gas finds is a problem.without beach,the massive dls offshore permits have little value.the stripper wells in north america are only good for board air travel inspections.
i even traded republic gold for a while.have a look at how the malaysians ran that.it had to be alright,asic never pulled them up over it........
TDO Price at posting:
10.0¢ Sentiment: None Disclosure: Held
