DLS 0.00% 69.0¢ drillsearch energy limited

agree, DLS looks very good value now. In $100 oil environment...

  1. 19,194 Posts.
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    agree, DLS looks very good value now.

    In $100 oil environment (only 5-6 months ago), 1000 boepd was worth circa $100m cap.

    DLS producing around 8700-8800 boepd

    Upside is at least 100%. imo and the bonus of current 1.23x USD returns in AUD.

    good luck to you P87, think you have a good price, even if oil hasn't found bottom yet. Most of these stocks are.
 
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