The way i have read all the announcements etc - the Western Seahorse IS commercially viable, and they are actively looking for the capital to develop it. The only thing needed for something to be commerically viable is an NPV > 0 - which by all analysis it has - even when oil was 30 bucks a barrel.
Finding capital in a tight market is the hard part - yet they have got a strong team working with them on this (their advisors)
There is only good news coming out of this company - yet you consistently talk it down. Why you trying to massively downramp any good news? They have a professional set of advisors who are backing the info - so it is not the company talking and boasting massively. Just the figures
TDO Price at posting:
22.0¢ Sentiment: Buy Disclosure: Held
