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#Bull Case
Added 5 months ago

Elevator pitch for 3D Energi Limited - Special Situation

Market cap - 26.5 mill

Shares o/s - 331,473,557

Current price- ,08 - .084

Top 20 hold around 55% of share float

Australia needs natural gas - TDO has the potential to supply the East Coast.

High quality targets with 3D seismic - Otway Net prospective resources of ~2.1 Tcf

ConocoPhillips Australia funding 2 wells (65 million cost)- plus has deal in place for first right of refusal of gas sales

Otway basin has an 88% well success rate when 3D seismic is used

Environmental Plan Approved April 15th

Drill Rig contracted and will commence drilling early 2025


I expect the stock to rise as we get closer to the drilling date - potentially doubling or tripling in price over the next 6 months

Higher if they hit.