PSA 0.00% 2.1¢ petsec energy limited

I believe that lamenting a lack of PR by the Coy suggests that...

  1. 87 Posts.
    I believe that lamenting a lack of PR by the Coy suggests that the posters main concern is to talk the share price up & whilst we all want that in the short term it may not perhaps be in our best interests in the medium term. Lack of reserves will affect the SP & unless we want to repeat the wildcatting of a few years ago which nearly resulted in extinction we will be competing against other small oilers for further ground to drill. Obviously this will have a bearing on the degree of difficulty of getting the nod from the U.S gov. department & if successful how much we must pay. Thus if enough people at the Denver conference are led to believe we are on a winner it may reflect on future availability. I can't help but think was I Terry Fern with his personal stake in the Coy I would'nt have been singing out any louder either. Hasta la vista.
 
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