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$3.10 senex energy limited

Quarterly Conference Summary, page-13

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m0ngy

6,083 Posts.

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25/10/18

01:56

Post #: 36250573
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Originally posted by tt2000 ↑

This is exactly how I see this.

Nothing fundamentally has changed except that we are in the midst of a pull back in a bull market - which is a good long term buying opportunity.

We are drilling away at last!!

We have financing and outlook due anytime (and financing is subject to independent expert audits, so i'd say the banks must be pretty confident in the quality of asset, confirmed upon financial close)

And WSGP is at 4.5TJ/day and increasing in line with expectations

From listening to the conference I got the vibe financing is a matter of days away - this will de-risk as funding certainty is achieved.

Now's the time for patience, (not when we weren't being given updates or making any drilling progress...)

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Nothing fundamentally has changed except that we are in the midst of a pull back in a bull market -

Dream on, there is a very big change in Govt policy that has the potential to cap SXY profit and ability to raise finance. The market may have overreacted to it.

SXY Price at posting: 43.0¢ Sentiment: Buy Disclosure: Held
2 Upvote

0 Great analysis

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