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Ann: Senex announces FID for Atlas expansion project, page-5

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17/08/21

09:38

Post #: 55342423
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Originally posted by rabbi: ↑

While he could have announced this at the conference call, its probably better that any analysts have the information
about it beforehand so they come prepared.

Apart from that, what's not to like? More cards on the table and what particularly impresses me is........

"Capital expenditure of around $40millionfor natural gas wells, gas gathering and water management
infrastructure, funded from existing cash reserves. "

No borrowing, No capital raising. This company is a growth story which could be turning into a gas cash cow.

Expand

Some may see this as an undermining of dividends, some see this as good, others not so, hard to say where SP goes.

SXY Price at posting: $3.13 Sentiment: None Disclosure: Not Held
5 Upvote

0 Great analysis

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Ann: Senex announces FID for Atlas expansion project, page-5

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