Ian Davies speech today, page-11

Oilers got smacked today for some reason. Even COE down more than SXY. The investment dollar is moving away from oil which will ultimately lead to an oil spike . SXY has the cash and the resources to become a meaningful Top Tier energy company.

For those in doubt please read their latest 6 monthly report. SXY have laid and paid for some expensive building blocks. See the video. They are busy.

Maybe it is all to do with the uncertainty surrounding the current Australian energy environment. Here we have a Govt considering LNG imports when at their doorstep they have sufficient gas which is being denied by pollies who are dictated to by activists. As ID said, it is political vandalism.

It will all play into SXY's hands. They are onside with Govt in promoting gas exploration for domestic use and have a very workable plan to ease the gas shortage in Australia. ..........The chartist's seem to be outperforming the fundamentals.....at the present time.