re: question sushi? here lies the problem ,the company
has to continually upgrade reserves just
to stand still & the upside is capped (at the moment)
Brokers reports I have read, tend to agree
miningnuts assumpations on profitabilty
Am I correct in saying that
# main pass they are testing for 12-15bcf (net)
#Louisana an estimated 8bcf (net)
& with a 100% strike rate since 2002
u would assume they will increase reserves
by 10bcf or more
Cant see gas prices going under $5 anytime soon
for both fundamentals & technical reasons .
Did u know the last quarter 2004 for small
period there were record number of drills in action
& storage was at its highest yet prices didnt go
under $5
So whats the risk in owning them now
What the potential gain this year ,maybe 20%
is that sexy enough (probably not)
It really depends on Fern ,cos at the end of
the day its his company
& to me, I could live with unfranked dividends
- Forums
- ASX - By Stock
- PSA
- production up, share price falling
production up, share price falling, page-16
Featured News
Add PSA (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
CCO
THE CALMER CO INTERNATIONAL LIMITED
Anthony Noble, MD & CEO
Anthony Noble
MD & CEO
Previous Video
Next Video
SPONSORED BY The Market Online