""reasonable investment oil company""
the facts and the figures sort of stack up.
current market cap approx $19MM..
recently completed JV, which will help with ongoing costs.
attributable approx 4.5MMBLS for TDO with further upside in their prospect VIC/P57.
well worth researching.
proactive suggests $51MM market cap applicable.
http://www.3doil.com.au/pdfs/investors/Proactiveinvestors_-_3D_Oil_fast_tracks_development_of_West_Seahorse_oil_field.pdf
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