Eshmun
I should add looking at the production change is very deceptive . You do realise last time it was 75c most of the current fields had been discovered but simply were not as yet in production . When Bauer was discovered the stock was in the 40/ 50s , I know because I was holding . Oil was also a lot higher . I know you are clever , and thus must realise a DCF analysis with a margin of 25-30 vs 65-75 results in a very different valuation . Whether you like it or not we must deal with the current reality and DLS is worth circa 80c imo
DLS Price at posting:
52.0¢ Sentiment: Buy Disclosure: Held
