jakspara
seen u in a lot of similar stocks of late -think u been around the for years though!
something tells me (gut instinct) that with sxy what we will have is profitless prosperity -at least from the shareholders point of view! lot of capex, lots of interest to pay, lots of fees to jemena etc, bit more dilution etc etc already heaps of shares issued. I have not read an analysts report , nor do I consider myself to know much about oil and gas, but I have been investing in them a while!
-jakspara see u mention the csg stocks over on RLE -great werent they - pes, qgc, shg, bow etc -Few nasties in there though - still have some mpo somewhere! and a mob called purus energy in victoria were a disaster......still remember qgc giving away 10% , or was it more to that Sentient mob (ouch)! -and Bizzell and i think Mather underwriting an option issue for Bow at 30c (ridiculously favorable to them,even at the time!)- worst of all Roma petroleum accepting that offer which was dirt cheap!!( i had similar experience with RAW lately!) Arrow and i think Bow nearly missed the chairs when the music stopped -talk about lucky!!
Just wondering how many incentive shares ID got for these announcements -they seem great but I think there is still a lot to happen- including good flow rates from the csg acreage? -not sure about last point as havent read report much at all
SXY Price at posting:
40.5¢ Sentiment: Hold Disclosure: Held