TDO
Click for more information
3.70% 7.8¢ 3d energi limited

i believe the company is looking at farming out for a partner to...

  1. dimma
    517 Posts.
    clock Created with Sketch.
    26/10/16
    15:08
    Post #: 20139008
    i believe the company is looking at farming out for a partner to drill a well and shoot seismic to the south. A good deal to also recoup some back costs from the seismic already shot.

    so
    - drill a well (USD$25m)
    - seismic to south(USD$15m)
    - cash of USD 7-12m

    probably have to farm out a good % of the permit and operator ship for that.

    Clearly the market is not pricing this in- because it values their stake at around 60m-80m AUD- or 25c-35c per share.

    drill and a hit and $1+++
    TDO Price at posting: 3.5¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 2  Upvote
    lightbulb Created with Sketch.  Great analysis
    Stroke 3 Created with Sketch. Comments Created with Sketch. Reply

  2. Top Stories

 

Featured News

NIM Nimy extends sulphide targets at Mons with new anomalies identified
right-arrow Created with Sketch.
PH2 Pure Hydrogen to supply hydrogen-fuelled garbage truck to City of Newcastle
right-arrow Created with Sketch.
LYC Lynas eyes first dysprosium, terbium HREE production in CY25
right-arrow Created with Sketch.
RMS Ramelius boosts WA gold portfolio with stake in Spartan
right-arrow Created with Sketch.
IMU Imugene doses first cancer patient in Oasis trial
right-arrow Created with Sketch.
NEWS Money and Investing: Talking the minefield of divorce & family law
right-arrow Created with Sketch.
watchlist Created with Sketch. Add TDO (ASX) to my watchlist
(20min delay)
Last
7.8¢ 		Change
-0.003(3.70%) 		Mkt cap ! $25.85M
Open High Low Value Volume
8.2¢ 8.2¢ 7.8¢ $5.892K 71.94K

Buyers (Bids)

No. Vol. Price($)
1 50000 7.7¢
 

Sellers (Offers)

Price($) Vol. No.
8.2¢ 46336 1
View Market Depth
Last trade - 15.37pm 27/06/2024 (20 minute delay) ?
TDO (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.