Hi all just thought i would put a new thread up about Desire ,i thought a change of thread change of luck or am i clutching at straws, lol .My concerns are as follows 1/ Desire have the acreage ,the sizemic surveys, geological reports which all indicate to very substantial amount of oil , they have done all the ground work yet still no farm in .Now i put it to you, why would a company go for a farm in with Desire on a 50%-50% 60%-40% or what ever and pay the cost of drilling when they can take over the company for peanuts ,Mkt cap under a million at the moment. I just dont think anyone is interested.
Now if no one is interested where does that leave Desire , the only other is to raise money which is my other point , how can they raise enough money to go to the Falklands and drill 6 plus wells, they could raise enough money to pay the wages for two or three years but not enough to to get a rig down there, sorry to be so negative but i think there only hope is to be taken over any views appreciated
best wishes Nijo
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