SAE 3.45% 14.0¢ salinas energy limited

alphabeta, kind of obvious isn't itMetal up - no impactOil up...

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    alphabeta, kind of obvious isn't it

    Metal up - no impact

    Oil up $10 - about $10 per barrel more profit x say 1600 BOPD once the third new horizontal is tied in (this weekend) = US$16,000 per day additonal profit per day. Or $5.8m per annum. Given that they are foreasting total revenue of around $20m for 2008 then this is a significant positive

    Dow tanks = may see some selling against a fundamentally improved backdrop.

    Overall - probably nothing will happen :-)

    Zinc

 
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