PSA 0.00% 2.1¢ petsec energy limited

re: absolutely friendless!!! - jocam That was a month or so ago...

  1. 1,317 Posts.
    re: absolutely friendless!!! - jocam That was a month or so ago and yep they are all gone. But Graham is right the stock is ridiculously priced on fundamentals and and no one would be happier to see the current weakness reversed than me.

    The only way that would happen is if the company put out a presentation on prospective drilling program (is it September or November or January 05?), on accounts receivable at end of June (so we can make some judgement about financials) and number of sands left at West Cameron (so we know whether there is another years gas there or not?)

    At least that sort of info would help for starters. Also be interested to know how much of current production is hedged.
 
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