PSA 0.00% 2.1¢ petsec energy limited

Ann: Notice of General Meeting, page-4

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  1. 93 Posts.
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    Can someone clarify the element regarding 75% of revenue from a successful Hummer 2 well being reserved for the convertible note/ repayment of debt. Don’t have the details to hand but seemed like mngt have their hands tied wrt what then can do with this revenue, which is a concern. Cheers
 
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