EVERY reader considering a buy/sell in DLS should read this entire thread. Its packed with relevent info eg. DLS oil sells at a $4-$6 premium above Brent which in turn has a $5-$6 above WTI.
Takeaway: DLS has plenty cash, exc cashflow, exc tenements, free carried in several exploration wells, 30% prod hedged at high prices etc. The list goes on. Nothing without risk and you MUST believe POO has bottomed as world prod eases.... but will today see Mr Mkt look at DLS through a new lens?
DLS Price at posting:
49.5¢ Sentiment: Buy Disclosure: Held
