SXY senex energy limited

Ann: Senex announces FID for Atlas expansion project, page-4

  1. 230 Posts.
    lightbulb Created with Sketch. 9
    While he could have announced this at the conference call, its probably better that any analysts have the information
    about it beforehand so they come prepared.

    Apart from that, what's not to like? More cards on the table and what particularly impresses me is........

    "Capital expenditure of around $40millionfor natural gas wells, gas gathering and water management
    infrastructure, funded from existing cash reserves. "

    No borrowing, No capital raising. This company is a growth story which could be turning into a gas cash cow.
 
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