SXY 0.00% $4.60 senex energy limited

Report today looks encouraging....maybe the consolidation is not...

  1. 10,335 Posts.
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    Report today looks encouraging....maybe the consolidation is not for CR reasons....but we do need to see enough returns to pay back capital investment, plus fund the well workovers, maintenance of compressor stations etc, plus hopefully development of replacement wells...without returning cap in hand to shareholders. 40m on the amount invested is not great, but is growing exponentially.....reflecting full ramp up occurring late in reporting period
 
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Currently unlisted public company.

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