SXA
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0.00% 7.0¢ strata-x energy limited

Ann: SXA Announces Shares for Debt, page-3

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  1. Spozzie
    1,797 Posts.
    lightbulb Created with Sketch. 16
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    03/11/15
    14:42
    Post #: 16316353
    Hi 1982 - I think there is a good story here but results will take time.
    - low cost wells at around USD20/bbl
    - proven management
    - large low cost acreage
    - no debt

    POO may go lower in the short to medium term and currently I attend to accumulate.
    I think the recovery in POO in 12-18ths time will double with the proven success of early wells in this field.


    Spozzie
    SXA Price at posting: 6.5¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 2  Upvote
    lightbulb Created with Sketch.  Great analysis
    Stroke 3 Created with Sketch. Comments Created with Sketch. Reply

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