SAE 3.45% 14.0¢ salinas energy limited

Between the last few posts from you guys, you have me...

  1. 347 Posts.
    Between the last few posts from you guys, you have me questioning my position in SAE! Your posts have all been well-thought out and factual... and in some cases hightlighted to me some deficiencies with the company.

    Personally, not overly concerned with the admin costs or JB's salary but the stark rate of decline in production is something that I had feared... particularly as I had also been expecting new wells to contribute to close to the 2000bpd capacity by mid-way thru this year and calculated accordingly.

    I was holding and trying to add at this level but been forced to re-visit my calcs based on latest figures/estimates. Appreciate your posts guys.
 
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