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re: operations update: strong buy I agree Jocam. The report...

  1. Atomep
    329 Posts.
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    05/01/05
    13:45
    Post #: 741771
    re: operations update: strong buy I agree Jocam. The report indicates conservative progress in the right direction. Compared to 14mmcfd a year ago and a lift in total production of 26% for the year PSA is in a much stronger position going forward.

    Graham, while I agree with erring on the side of caution PSA has demonstrated an ability to lift production for 2 years now. Taking into account natural decline at WC and Vermilion,PSA's continuous exploration programme at its proven rate of success suggests to me 25mmcfd+ will be conservative.
    PSA Price at posting: 0.0¢ Sentiment: None Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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