SAE 3.45% 14.0¢ salinas energy limited

results imminent, page-11

  1. 7,611 Posts.
    Mate , your lucky the've got anything happening at all ..... a huge and worrying (for juniors) change is occuring in the oilpatch right now ,,,,, as Majors switch from hard-out production focus to an exploration and development bias (now they realise POO isnt going back to $25 LOL) ..... the worry for juniors is .... the majors have huge pull on exploration contractors and hardware ...... they may also use that power to 'squeeze' some juniors into farmins at better than average carry ratios and/or further ramp up the cost of exploration.....imo.
    SAE will get the 'good stuff' as they move up hole ...and our patience will be rewarded ....imo.

    SALTY
 
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