Saylor,
i was thinking the same re bmn prr. It's not such a stretch if you think about it: punters leaving due to higher costs/less profit. Where do they put their dough? Hey why not back into U but in a co with low costs/higher profits.
As HC keeps beating us over the head with: ISR will eventually get recognised for what it is, lower costs/higher profits.......mmmmm
The lower U spot is helping PEN re competition and the recent diminishing U sentiment across the board is IMO helping to lower the SP which is good for me. And its really all about me isn't it? ;)
BTW Cheers for all the excellent posts from The Usual Suspects.
capex and opex_benefits of isr and lance, page-37
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