DLS 0.00% 69.0¢ drillsearch energy limited

Also mentioned in conference call is the goal of paying...

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  1. 1,632 Posts.
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    Also mentioned in conference call is the goal of paying dividends. Chairman said it is a question that he has been asked frequently. He said as soon as there is enough cash flows, dividend will be paid. I hope he sticks by this and no more takeovers and capital raisings!
    Repeatedly, the chairman justified having to retain DLS technical team to keep joint venture partners honest. It is clearly something that the chairman is concern with. He should watch out if Beach or Santos are gaming the oil and wet gas play to their advantage. Like under quoting wet gas reserves!
 
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