PSA 0.00% 2.1¢ petsec energy limited

15,000 bopd from beibu gulf, page-11

  1. 10,501 Posts.
    lightbulb Created with Sketch. 2094
    Hi Oracle,
    It would appear that Macquarie falls into the better class of margin lenders as current lenders with PSA shares as security do retain their LVR50% on those shares.
    Although we've probably dodged a bullet as regards a placement given another two month delay with Main Pass drilling - unfortunately that means no good news coming anytime soon so the shares will probably drift aimlessly for a couple of months.Can't imagine those skimpy onshore Louisiana drilling results will move the shares.
 
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