SAE 3.45% 14.0¢ salinas energy limited

I will admit that it is a little worrying that SAE is retracing...

  1. 347 Posts.
    I will admit that it is a little worrying that SAE is retracing so far on the back of no news.

    Last we heard, revenue increased to $2.2m per month, on 5 June but they said that the last two wells would be brought on in the following 10 days. So, they should have advised by now of the production increase and what NSA is currently spitting out. I thought interest in the revised figure might send the SP up but it's in decline.

    I for one, hope that we hear something VERY soon, and hope that you guys are very wrong about bad news coming.
 
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