SXY 0.00% $4.60 senex energy limited

Ann: March 2014 Quarterly Report , page-65

  1. 11,851 Posts.
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    Fair enough Tui. I was really just wanting to get others thoughts on what SXY might do if the trend you so clearly show continues.

    DLS used convertible notes, BPT did a large farm-down with a cash injection. Obviously as a holder, I would prefer the later.

    I agree this quarter production will increase which should allow them to break even, and perhaps change the trend. However, the work program will ramp up again soon and so will the capex spend.

    Let me be clear, I highly doubt SXY will do anything to dilute shareholders. Although, perhaps the more cynical of you will not believe me either way :-)
 
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