PSA 0.00% 2.1¢ petsec energy limited

Ann: Petsec Energy Ltd Investor Presentation May 2018, page-2

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 10,757 Posts.
    lightbulb Created with Sketch. 2255
    Second presentation this month - it does sound like a prelude to a capital raising.
    They have debt facilities for US drilling and completion costs and An Nagyah start-up costs but need extra funds to pay admin costs incl salaries(excl TF), office rents and all other corporate costs. Do they have to put more funds into rehab bonds prior to drilling at Hummer?
    I'm wondering why An Nagyah net operating revenue doesn't at least double when it goes from 5k to 10k per day?
 
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.