TDO 0.00% 9.1¢ 3d energi limited

pay for the bass survey,then what., page-13

  1. 2,405 Posts.
    the old story that a percentage of something has a value,and all of nothing has no value is lost on 3d.

    there have been numerous overseas trips, there have been professional consultants hired,there have been industry professionals on the trips to open doors.....and nothing.

    it is a blinkered approach to deal making to try and pick the top of the market for 100 percent of the package you have to deal with.

    noel seems to freeze when anyone suggests compromise in making a deal,and retreat back to the lab to dig in and work at things he knows.

    describing the drillsearch offer as 'treachery' betrays the emotional investment mr newall has in 3d.

    the next capital raising will be the tipping point,noel will be diluted,and numbers people will get more of a voice in the next round of deals.

    hard to put a value on west seahorse,completing it for production is now far more expensive,but the sunk value of the work already done,and the success could be about the current market cap of 3d,with no value for the exploration prospects. this is the 'management discount' currently applied to 3d. to change the shareprice,change management style,or just change management?.
 
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