TDO 1.05% 9.4¢ 3d energi limited

report out, page-3

  1. 481 Posts.
    I think it's cheap too, but what is going to catalyse a rerate?

    As the financial report indicates, BPT is drilling "near" to T41/p in a "similar geological setting" soonish. Not sure if I could comment on how positive that sounds, but maybe TDO will be able to raise equity/debt a little more easily if West Triton finally hits something.

    If not, I'm calling for that rig to be scuttled.
 
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