Apologies if I upset anyone but it was a throw away comment from...

Apologies if I upset anyone but it was a throw away comment from plough grouping SXA with all the other 'small cap oilers' that needed addressing.

Wells will cost $250k (although this one was experimental and cost $450k).
I do not think it is managements intention to develop - could be wrong here but going on their previous history they will prove up a resource and flick it off.

V8 - if management are saying there is no need for further cap raisings then either:
- they(we) are on a winner OR
- they are inept and the company will fail.

I have had stocks in both of these scenarios before and the lesson learned was whether I had respect in management earned from their previous history,


Spozzie