BPT FIN PGS SXY

Ann: Fortnightly drilling report - Another succes, page-18

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  1. n5435137
    1,908 Posts.
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    11/10/12
    21:48
    Post #: 10848502
    re: Ann: Fortnightly drilling report - Anothe... I don't think SXY has the resources to challenge DLS in a bidding war and win. But strategy wise they certainly should be ensuring DLS pays top dollar for Acer.

    If other opportunities arise e.g. Full t/o of OGY then SXY will have plenty of cash.

    They certainly need to be careful about overextending on leases. Because the shale is not going to be cheap to exploit!

    SXY Price at posting: 68.5¢ Sentiment: LT Buy Disclosure: Held
    Likes Created with Sketch. 2  Upvote
    lightbulb Created with Sketch.  Great analysis
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