PES pepper residential securities trust no. 21

Thanks Temp,I got that from the ann last month(?), I guess what...

  1. 4,234 Posts.
    Thanks Temp,
    I got that from the ann last month(?), I guess what I was enquiring about was PES future to exploit it's reserves with a failrly light capital base. How far is that 15m goign to carry them?

    -Do they plan to drill and sell off some gas to the domestic market so they can build a cash reserve to further exploit their resources.
    -Put a cash price on it and sell the field off to a major?
    -try and build an LNG train so they can reach export markets
    -Seek a merger with someone like Arrow so they can take advantage of their infrastructure?
    -Further dilute other shareholders holdings by conducting more placements.

    Cheers,

    SF
 
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