DLS
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0.00% 69.0¢ drillsearch energy limited

News: HY2015 - Half year results update, page-9

  1. g12m0
    1,632 Posts.
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    25/02/15
    11:34
    Post #: 14814835
    Where do you think the first half $95 m capex went? Drillsearch has been making big spending that did'nt payoff from big profits from their oil business.
    All drillsearch has to do is cut down spending other than capex in PEl91 and Drillseach will be well in front. Asset sales will easily pay off the $150m convertible notes.
    DLS Price at posting: 99.5¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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