To me, The latest quarterly financial report is nothing to be excited but the substance is in the forward looking statement. We will increase the gas output hence more revenue expected with 1/3 production will be reserved for spots price in the coming future in conjunction with the latest Adbri’s long term contract, that is something I am looking forward to! Just imagine the cashflow in a low cost business.
Macquarie research put out a new revised lower 10% reduction valuation report (about $60 mil difference) for Senex in 2 weeks with a steady quarterly report and growing outlook, it tells you about the quality of the report. At the end of the day, it is the growing business and profit that counts, we all know what Senex is up to, let’s see what the future’s cashflow brings.
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To me, The latest quarterly financial report is nothing to be...
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