PSA 0.00% 2.1¢ petsec energy limited

The rise of PSA, page-6

  1. 68 Posts.
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    I am not sure exactly how it works but I think the oil is sold to the carrier ( say Glencore) at a discount for a immediate full or part cash payment on delivery This solves the problem of liquidity and there is no need to dilute company shares
 
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Currently unlisted public company.

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