SAE 3.45% 14.0¢ salinas energy limited

quarterly report, page-8

  1. 347 Posts.
    Like you guys have kind of already pointed out, you have to look at the June revenue to see they are approaching $3m monthly revenue with further production drilling in Q3 to sustain and possibly improve monthly revenues, forecast $25-30m revenue p.a. - pretty healthy for a company with $82m market cap.

    Then, you add in a 50% stake in Paris Valley that they are planning to accelerate activities on, and the next 6 months should be relatively exciting - especially for newcomers who can enter at these cheap prices.

    Can't wait for the selling pressure to stop - might have to wait a bit longer it would seem.
 
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