Takeover by Beach or Chinese?, page-164

Oil price running up, not long ago it was at $20, now today it's at $45 and rising.

Frustrating Senex is, yes, and it's rise is slow, as always.

When the oil price hits $60 I'd expect SXY to rise above 40 cents, though it deserves to be higher.

Senex has been around a long while, and the algorithms that control it have been around a long while, so nothing changes very quickly here. If you want excitement then go buy Elixir and their Mongolian speculation.

I'm interested to hear if the Senex board "might" be investigating any Hydrogen production scenarios in the future, Origin have just gone big on Hydrogen in Tasmania, as have FMG, and Woodside, and others, and the share prices seem to get a fair kick along when Hydrogen is mentioned at the moment, which could give a good boost to SXY. The Real Energy and X-Strata Energy merger seems to be about creating a Hydrogen producer in QLD using gas (Grey/Blue Hydrogen), though ultimately moving to Green Hydrogen (from water/ammonia etc).

Has anyone ever heard of the SXY directors mention Hydrogen, or are they staying ultra conservative?

Gw