SAE 3.45% 14.0¢ salinas energy limited

The point is $130 vs $85. Many small oil/gas producers managing...

  1. 1,138 Posts.
    The point is $130 vs $85. Many small oil/gas producers managing to feed the current market will be reporting June 1/4 results where so far the price has not fallen below $120. How will the market value these operations once such an incredible 3 months is on the record?
    If the bet is valuations will be north of $120, then most producing oil / gas operations are a current bargain.
    The longer one waits for this to sink in, then the smaller this potential premium will become.
    If SAE can just keep up the production, then worldwide oil depletion will look after the $85 vs $130 problem.
 
watchlist Created with Sketch. Add SAE (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.