PSA would have a cash burn like AYO , if it had an active field exploration programme of any consequence. AYO has just completed a $7millions seismic programme ; drilled 4 wells back to back ; installed large upgrade of Gocerler Gas Plant ; built 2 pipelines of their own to transport gas to new customers ;acquired more leases ; moved their own drill rig from Australia to Turkey , then test and crew , then start readying for drilling in the next few days .....and on it goes !
