SXY 0.00% $4.60 senex energy limited

sxy largest acerage holder in the cooper

  1. 1,908 Posts.
    As the largest holder obviously there are going to be a lot of capital costs for SXY

    Any ideas on when the tipping point is reached ?

    I.e. the point at which Oil / Gas production reaches the point where SXY is entirely self funding ?

    At the moment it's my opinion that their operations partially cover capital spending but overall farm downs and / or capital raising at a higher SP price will be required.

    I think their latest agreements with Origin will solve part of this issue but maybe not 100%

    This is a great LT buy stock IMO and if left alone in 10 years time could be a bluechip
 
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Currently unlisted public company.

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