SXY 0.00% $4.60 senex energy limited

Ann: 2P oil reserves upgraded by 4.5 mmbbls to 13.3 mmbbls, page-18

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  1. tui
    6,119 Posts.
    lightbulb Created with Sketch. 1508
    Speculator,
    These gas deals will be the making of a much bigger SXY. It is their focus to supply the East Coast with 'high' priced gas. You don't enter in a $250 million dollar deal with a couple of Aussie heavyweights just to supply a few molecules.

    The AWE foray broke down because of bad communications. It was a pity because SXY knew they were undervalued. It was not a 'desperate attempt ' to get out of the Cooper as one poster claimed. SXY lined them up because they were undervalued. At least they got that right.
    AWE were $1.20 at the time. Now they are at $1.80.

    I have held since they were 12 cents and will be holding for at least the next two years when their real potential will be realised.

    Senex is a growth company.

    .
 
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