SP to lowest since 2011, page-12

So Scroogy,
You don't believe in SXY's JV's with Santos and Origin?? A lot of money on the line here. And gas. I really don't think Origin would front up $185 million for a few molecules .And why would Santos do a 2 year JV with SXY re Hornet?

Plus, Add in a bit of Surat CSG worth 83 million barrels of oil equivalent of which SXY now has 100%.This has yet to be factored into SXY's sp according to analysts. See CSG review on BUL file. What value is this?

See also today's FNN interview from Ian Davies.

The sp drop is due to the dramatic fall in the price of oil. It is across the board. But as I have said a drop in the price of oil leads to divestment which in turn leads to the price rising.

The Australian Gas scene is about to undergo a dramatic escalation. And SXY is part of it. It is going to become an ASX100 company.