DLS 0.00% 69.0¢ drillsearch energy limited

Ann: Quarterly Report December 2015, page-11

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  1. 7,303 Posts.
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    Always depends on your risk profile Esh.
    CVN lowest risk without a doubt.
    AWE - just did a asset sale and will be net cash for the first time in a long time. Very secure long term gas sales...
    BRU. Enough cash for another 12-18 months with some onshore drilling and uncon potential, perhaps biggest upside, but... could fall perhaps another 20% if their drilling campaign is unsuccessful.

    Copper - AVB, safe but IMHO, not cheap.
    TGS - amazing cost of production, but.. high debt.

    Hope that gives you a starting point
 
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