re: Ann: Fortnightly drilling report - Anothe... I don't think SXY has the resources to challenge DLS in a bidding war and win. But strategy wise they certainly should be ensuring DLS pays top dollar for Acer.
If other opportunities arise e.g. Full t/o of OGY then SXY will have plenty of cash.
They certainly need to be careful about overextending on leases. Because the shale is not going to be cheap to exploit!
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