DLS 0.00% 69.0¢ drillsearch energy limited

Disappointing result, capital raising

  1. 1,317 Posts.
    DLS has announced its result today and came in with a big loss. Company has only some 300,000 plus in cash in hand looks like a capital raising could be around the corner. Former Circumpacific CEO suing the company for wrongful dismissal. Not looking good for this little junior oiler which seemed to have so much going for it in Canada and Australia. Still holding those good lease in the Bonaparte Gulf but...... JBC
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Currently unlisted public company.

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