Short Term Trading Week Starting: 7th Mar, page-96

STTCOMP DHR FA LONG

fpo: 597M
MC: $1.8M @ 0.003
Cash: ~$50k
EV ~$1.8M

Assets: Oil/Gas tenement in N. QLD - Roma shelf, in highly prospective producing region. Surrounded by Santos and other big players.

PELA applications in South Australia near Cooper basin however south of Moomba oil fields. DHR are still progressing the grant of 6 applications with SA gov for over 53m km2 of ground.

Coal - Argentinean project is very promising and marketable coal quality.

Gold - prospects in Nevada, USA in Carlin Trend. No recent work done however in elephant country.

Lead by Nick Mather and mob - same guys involved with Arrow, Bow, AJQ and OBS.

Hold.