VSR 6.25% 1.5¢ voltaic strategic resources ltd

Ann: Successful Gas Well and PRB Drilling Update, page-57

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  1. 9,133 Posts.
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    Wonder whether the November production report will come out his side of Xmas. The oil price falling not helping as well in Dec, but the key here is what is the price of their oil given they appear to be selling a better product than the usually quoted West Texas (given the price they received in October compared to West Texas in Oct).


    The November figures will provide the guide for next market movement, but the other key is sorting out the issues with the recent well adddition in Dec that maximises throughput, because that will also bring into play the low MC compared to revenue etc.  The Ann that says issues sorted will also be a catalyst IMO.


    Time will tell.  Patience is a virtue.


    All IMO

 
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