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$3.10 senex energy limited

Quarterly Conference Summary, page-31

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philthy35

63 Posts.

9

26/10/18

07:24

Post #: 36267321
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Originally posted by tt2000: ↑

Last time someone called this a dud and they sold out, it rollicked the next day.

I think people are underestimating how close financing is (from they way ID sounded on the conference anyways). From a risk perspective for me, it means the banks have completed their due diligence and are happy lending against those reserves.

I am no fan of IDs lack of drilling last year, but there are excellent signs that SXY will be forced to (to meet their committment with Jemena).

I've waited to now to see the monetisation until now, and ill be waiting another 12 months minimum (possibly to FY22)

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financing , perhaps 4 to 8 weeks.the only 2 things to go up and stay up in the last 15 years are IDs wages and incentives packages and the number of shares issued from 250 million to 1.5 billion.

SXY Price at posting: 40.0¢ Sentiment: Hold Disclosure: Held
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1 Great analysis

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