Are the trades worth less than E100 to drive the price down?
The're probably just spending another E100k or so on a new one
A little bit of Positivity and 2 x buys/sells of 1.7m
Well I have to be honest and say this board, or some other source which I can't remember, certainly misinformed me in regards to TOR Snr's holding and its disposal a long time ago
i feel like they are a sacraficial lamb so to speak. the big boys gave them some change to drill druid. but im sure the big boys work for the big oilies.
get into production and get the cash coming in. in a few years if they mind the profits they could look to partner with someone else on druid. says a lot that they haven't gone this route.
surely they could afford to drill broe themselves now. instead of drilling in druid.
Desperate...so in you opinion we should wait, maybe several years, while the majors make up their minds and do the first drill. I think that would be mad!!!
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