TDO 2.86% 6.8¢ 3d energi limited

RE: "The smart ones will buy after they see how much is left in...

  1. pj
    2,090 Posts.
    RE: "The smart ones will buy after they see how much is left in the kitty once the drilling bill hits the desk.
    Until someone is willing to spend $40 odd million to drill the gas targets I Carnt see tdo being worth much at all.
    .025 is my call by end of Jan, at the latest"


    That is a shameful post Nitrox, only last week you posted the following:

    "The last broker report was saying $1 plus. This is a real diamond in the rough here imo.
    Ok they need $40m to drill the biggest gas discovery Victoria has seen for ages. TDO are next to majors that are in production decline curves with infrastructure in place. Oh and FWIW I reckon our JV partner Beach Petroleum will get another 5% to carry us on the drilling . Whoever drills the hole should cash up the company too so we don't need to look for working capital.
    Deals should be done soon while the rigs are cheap.
    Holding this one tightly !!!!"

    pj
    Last edited by pj: 11/11/15
 
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