SXY 0.00% $4.60 senex energy limited

I keep my hope high for $15 per GJ. oll price is expected to hit...

  1. 423 Posts.
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    I keep my hope high for $15 per GJ.

    oll price is expected to hit $100 due to excessive money printing hence inflation. I expect there will be greater pressure on gas price in months ahead. Even if we get $10-12 per GJ, we will do very well on return on capital, makes SXY an even bigger bargain and one of few value stocks left in current market.

    time will tell about the final gas price but certainly the pressure is on the uptrend. Don’t be surprised if new large contracts signed with remaining un-contracted gas and advanced plan for Bowen basin development if inflation holds before market crashes. Remember, we have large untapped gas reserves which will present us as a major bait for other interested parties.

    just like SXY share price at $0.15 18 months ago, interesting time ahead.
 
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