SXY 0.00% $4.60 senex energy limited

Ann: Full year results presentation, page-2

  1. 6,294 Posts.
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    Concerning that despite a massive increase in wells drilled, production barely increased. Even more concerning is that forward guidance is for another year of flat production.

    Meanwhile cash continues to burn away. SXY either need a big exploration success a la Bauer, or they need to make a significant business deal of some sort. I think I will be exiting today on the basis of that guidance.
 
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Currently unlisted public company.

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