Ann: March 2019 quarterly report conference call details, page-12

First 12 Last

Share
Profile

Follow
tui

6,072 Posts.

1479

29/04/19

16:32

Post #: 38309467
Share

Originally posted by Mark084 ↑

I cannot understand all the people on this forum who can’t grasp why the sxy share price is where it is....consider these facts - 1) if we were not GIFTED atlas and the production capacity associated together with the assistance from the qld gov in progressing approvals in a short time frame, where would the share price be??
2) global Lng prices are at their lowest levels in 3 years
3) the upcoming federal election where energy policy has become a political football where there’s uncertainty on both sides as to gas export restrictions, lifting of state moratoriums etc etc
4) the majority of sxy gas is uncontracted in comparison to coe for example where the majority is, to big retailers
5) we have just begun an expensive drilling campaign funded by a considerable level of debt to deliver a product we don’t know how much...or who is going to purchase yet...............this is why we are at 37c and not the levels many of you believe we should be.
I am a strong believer and to those who are patient, we will be rewarded and rewarded well!!!! DYOR

Expand

Mark,
It is a long term planned growth path. Its beauty will be revealed in the months/years to come culminating in ASX dividends.

As you say, patience is required. I have read the 6 monthly report several times. It is exciting to be with SXY as it matures into a serious producer. I will be listening in tomorrow at 12 noon NZ time for the quarterly podcast. ......So many pieces coming together.

SXY Price at posting: 35.5¢ Sentiment: Buy Disclosure: Held
9 Upvote

0 Great analysis

Reply

Top Stories

Week 26 Wrap: Cerberus of inflation barks – rents, electricity & fuel – and world watches two elders bicker

RCE

Recce's R327 found effective against E.coli during clinical trial

AVA

Ava Risk Group expands US presence with A$0.7M Substation Deal

Microcap Wrap: 5 explorers with news out today

LU7

Lithium Universe (ASX:LU7) board visits Quebec to engage key stakeholders

CMX

ChemX Materials kicks off first stage works at WA high purity alumina pilot

Wealth Within weighs in on shock 4% inflation read – and stocks that could survive the gloom

SVL

Silver Mines models five new calderas close to 396Moz Bowdens deposit

SS1

Sun Silver gets that drill to thrill feeling from high grade hits at Maverick Spring

LRV

Larvotto identifies new exploration target at NSW's Hillgrove, boosting shares by nearly 20%