SAE 3.45% 14.0¢ salinas energy limited

quarterly report, page-4

  1. 10,617 Posts.
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    Supertramp,
    I know that their cash balance decreased during the qtr but it did include $4.16mil in development costs - you should extract that figure to give a true operating picture - and you should also add the $US3.5mil in June earned revenue that was recd in July to give a truer picture.
    No debt.
    Looks cheap.
 
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