Forum Archive Index - January 2003

["Harold Skinner" <petzl@spamcop.net>]

PSA or Petsec Energy Ltd (Sydney ASX)

 

I would say the best return in upward price movement should be within 2 months

Price today was 0.27 cents I would say a bargain under 0.30 cents a share

 

 

With 3 gas wells due to start producing this month (earnings for these well should be well over US$million a month)

http://www.asx.com.au/asx/statistics/AnnDetail.jsp?id=527983&&issuerid=1047

 

"Production from the West Cameron 352 #A-13, West Cameron 343 #A-17
and #A-18 wells is expected to commence in January 2003 from the
upgraded platform."

Their chart is a bottoming pattern of higher lows and higher highs

http://bigcharts.marketwatch.com/quickchart/quickchart.asp?symb=au%3APSA&sid=0&o_symb=au%3APSA

 

Company Details below

http://bigcharts.marketwatch.com/quickchart/qsymbinfo.asp?sid=140405&time=8&freq=1&symb=au:PSA