SXY 1.59% $3.10 senex energy limited

The next 4 weeks is critical. If last years news flow is...

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    The next 4 weeks is critical. If last years news flow is followed (refer to photo below) will get
    - Quarterly report next week (could surprise us with good WSGP well run rates, but not holding my breath)
    - Reserve upgrades next week (should be a positive news given Atlas reserves).
    - July drilling report due early Aug (not expecting much, but it could surprise)
    - F19 outlook by 2nd week of August - This will inform us of the F19 capex budget (i.e. how many wells and where). - I see this as a positive - the larger the capex the larger the jump in earnings we can expect (subject to financing - if this is somehow finalised too, it could be an early xmas).

    I do think the lack of news flow /uncertainty has been priced in to the current share price, so any positive surprises could lead to some price action.

    On this basis I am changing my sentiment to buy and may well look to pick up some.

    I hope the analysts on the call with ID do probe him for some answers, in case he tries to avoid updating us on any of the above....

    Screenshot_20180720-002232.jpg
    Last edited by tt2000: 20/07/18
 
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