DLS 0.00% 69.0¢ drillsearch energy limited

risk to reward ratio

  1. 798 Posts.
    On investment @14 c a share now
    Spud date price 16 c a share.Oil discovered 70mlb/35%share of 200mlb adding about $400 m to capitalisation/
    Work from there conservativly ii adds up to &1.00 per share.If fails skares will drop to about 0.11. On your investment in todays situation of say 100 000 shares you invest $14 k for potential reaching $100 k and risking $3k. I wrote in plain english as I could.
    What do you think?
    Regards and happy trading.
 
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Currently unlisted public company.

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