Just listen to Senex preso, here my take. Has AUD 135 million...

Just listen to
Senex preso, here my take.

Has AUD 135 million cash.


Oil cash generation business but they have cut down on exploration ie fewer targets to drill.


Looking at gas for eastern market.


Bring stranded gas fields on line plus deep tight gas which is free carried.


Also doing CSG all yours. But they are drilling 30 wells currently, up to number 18.


CSG is really just a manufacturing process, drill as cheap as possible, suck out the water and then produce gas for as long as possible.


If they started to pay a dividend maybe.


But boring in my view, can't see any major reason for big jump in share price.