News: HY2015 - Half year results update, page-5

Well Eshmun thanks for stating the bleeding obvious.

Which oil company, in the current climate, would you consider to be a growth company.

Brad stated that he still considers DLS as a growth company.

Not sure what your definition is of a growth company. Does it mean that as soon as the mechanisms for growth are switched off or turned down the company suddenly falls into a different category. So what does DLS become if the POO increases again towards the US$90 mark? A growth story again. I think the point you are missing, and Brad did say it, this is just a postponement of where we thought we would be. In other words it's still a growth story just longer term. Hardly something that DLS has control of. It's how he steers the ship through the next few months that matter and thia will become the real test of his talents.

And don't give any nonsense that we will never see US$90 again. No one forecast the current crisis so it can quite as easily head back to that level as quickly as it fell. Whether it does or not is a matter of opinion and risk for the future.

Cheers
BW
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