as this stock has too much going for it to be ignored for much longer - shortly(?) we'll get news on:
1)Production from the two Vermilion accelerator wells and the total production rate from this field,
2)Confirmation that the Main Pass drilling program will commence within the next two to three weeks,
3)Confirmation that the first onshore Louisiana well has been successful,
4)Confirmation that the prefeasibility study into developing the China oil fields is positive.
With US gas back over $7 and oil prices rising and with the BBY report confirming that PSA will earn over $40mil in 2005,it becomes impossible to ignore PSA as it won't continue to have a market cap of under $150mil for very long.
It must be a good gamble to open a Macquarie Bank Margin lending account as they're currently offering a 50%LVR on PSA.
- Forums
- ASX - By Stock
- PSA
- sentiment will change shortly
sentiment will change shortly
-
- There are more pages in this discussion • 14 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add PSA (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
LU7
LITHIUM UNIVERSE LIMITED
Alex Hanly, CEO
Alex Hanly
CEO
SPONSORED BY The Market Online