SXY
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1.59% $3.10 senex energy limited

Ann: Senex granted Petroleum Lease for Project Atlas, page-6

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  1. tt2000
    2,345 Posts.
    lightbulb Created with Sketch. 539
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    29/03/18
    10:14
    Post #: 32109931
    The Petroleum Lease is a pre-cursor to formal reserve upgrades.

    A common valuation metric is applying the industry multiple to the reserves.

    This news will now lead to that reserve upgrade.
    SXY Price at posting: 38.0¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 13  Upvote
    lightbulb Created with Sketch. 1  Great analysis
    Stroke 3 Created with Sketch. Comments Created with Sketch. Reply

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