STO 1.89% $7.82 santos limited

Same Old Same Old .... .... "Old Habits Dies Hard" ..... Same...

  1. 13,234 Posts.
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    Same Old Same Old
    ....
    .... "Old Habits Dies Hard"
    .....
    Same old gang got re-elected as directors that is what I mean "Old Habits Dies Hard"
    ...
    No mention about Break Even cost now.
    ....
    Not a word mentioned about Break even cost Except Our Aim is to Bring Down the Cost to $35-$40/Barrel. Clearly word, they are not even breaking even right now.
    ....
    .... Annual report promise of $32/Barrel failed so quickly that they are now talking about break even at $40/Barrel in future (2017 or nearby)
    ....
    If oil price does not recover significantly, indication is there will be another capital raising else they will be down graded..
    ...
 
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