The big players who bt at 16 cents didn't know that SEH wasn't being paid for its produced gas.
12months and counting.
I can only imagine what they now think.
But the good news is that the MD overall long term take home package is 20% related to gas production therefore does he care in my view if that gas production meets a commercial threshold as we as share holders have no idea what that is.
As He didn't tell us!!!
That's right folks he say in the latest announcement that gas flow is above the commercial threshold.
But what is that?
What are his assumption to base that view point?
So just flow that gas!
And any production curves ......nope
That say it all
sub 5 cents in my view
SEH Price at posting:
8.1¢ Sentiment: Sell Disclosure: Not Held