achievable value, page-5

As you know Beach done some smart / some opportunistic, mergers and acquisitions past 3 years... which boosted their Revenues and Reserves and Profit.

Senex .... material mergers and acquisitions the past 3 years = ZERO . Profits still ZERO. (Large Capital Asset write off's too).

Still medium term there is opportunity .... only because of the big fall from 52c to 26c in a short time period .... ouch !!!

Long Terms have a right to be pizzzzzed !!