re: exciting times coming up for petsec
Vermilion appears, and ONLY appears to have plugged the weakness of "reserves" at West Cameron Question?China is only 10mmbbloe for PSA, so what! PSA will need all the fantasy cash flow dollars from now on out to become real !!!! to maintain current levels over the magic dollar $!
The annual PSA Dec03, and asx quarterly jan04 better NOT have any bad numbers ...........or , such as , even worse than the treatment of AYO, this being a ramped, illiquid, traders stock will tumble as .......well, the wise will know?
As normal , the usual rampers will jump on me with both steel caps. But it has to be said leverage here is'nt worth the risk when better oilers elsewhere................
PSA Price at posting:
0.0¢ Sentiment: Sell Disclosure: Not Held