PSA 0.00% 2.1¢ petsec energy limited

Wow,  how did I know bad news was coming ?  Not only is the NO...

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  1. 1,256 Posts.
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    Wow,  how did I know bad news was coming ?  Not only is the NO update at all on what's happening in Yemen but the Hummer well is 40 days late.  No mention of how they will fund the cost blow out ?  They would have known ages ago that there were problems with the drill but did not announce the delays and cost overruns.  Just slip it in the Quarterly.   Probably trying to raise funds in the UK as they only have about $1mil left.
 
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