interesting replies. Really, my post is just simple mathematics. It doesn't even include current West Cameron production or the ship shoal royalties.
Sure Graham, PSA is having to spend it cash up front, that's business. But if it spends all of 2004 paying off the construction of the various platforms, but in 2005 just simply takes the cash down to the bank, well I can wait for that.
And we have more Vermillion drilling later in 2004 and some China drilling as well.
Bring it on. I'm not selling mine.
Also AYO, PSA is simply going to leave them behind.
PSA Price at posting:
0.0¢ Sentiment: ST Buy Disclosure: Held
