PSA 0.00% 2.1¢ petsec energy limited

More hopeful statements and another month to wait for...

  1. 10,477 Posts.
    lightbulb Created with Sketch. 2081
    More hopeful statements and another month to wait for developments - they definitely need a partner. Completion of a govt funded pipeline to their start-up operation by the end of the year would save the costs of a trucking operation.
    Financially still looking sick with only $1.3mil in cash against payables of $1.8mil - the remaining $5mil in undrawn facility funds look to be purely for Yemen production start-up costs. Shareholders funds are $15.5mil negative.
 
watchlist Created with Sketch. Add PSA (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.