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18/03/17
07:46
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Originally posted by jakspara
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To put a timeline on it would just be a guesstimation for now however it's taken a front seat again. Considering that the last report stated Vanessa would not be brought online during FY17 due to tie in issues to existing infrastructure, todays announcement certainly changes that. The SA gov are keen to bring much needed gas online and this will certainly give Senex yet another boost, they will want to see this PACE funding put to good use (stipulated timelines for funding?) The fact that we haven't even taken a stroll back up to the 40c range is rather intriguing when you consider the plethora of action we will see roll out in the back half of 2017......increased oil production from recent drilling success, WSGP progression, progression in bringing Vanessa gas online.......AND......the one i can't believe we haven't seen more action/chatter over.....SILVER STAR ......could be huge and it's happening now.
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Agree SXY and BPT given Pace funding and large sell orders holding SP down on SXY and BPT
very intriguing times may be its time to join hands ? (Senbeachex Energy)