SAE 3.45% 14.0¢ salinas energy limited

Hi Bello,It wasn't the well that pushed the price up today, it...

  1. 13,972 Posts.
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    Hi Bello,

    It wasn't the well that pushed the price up today, it was me selling 10% yesterday at 37. Finally ran out of patience, but lol will sell no more for now.

    Looks like the market will react very favourably to any success, and a nothing better than a drilling campaign, rather than a single well which so often dissapoints. What we need is demonstrated cashflow surplus, like CVN has achieved.

    I liked the upbeat announcement, and the reaffirmation about production budget.

    EL
 
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