PSA 0.00% 5.5¢ petsec energy limited

stronger again today

  1. 1,317 Posts.
    PSA up today on small volume. Taken a week and a half to get back to, and breach, the most recent high of 46 cents on 4 April. Strength coincides with distribution of its annual report. Next up March quarterly activity report and cash statement. Expect this on 30 April.
    Be interesting to hear from PSA that MMS has confirmed its acquisition of both new Vermilion leases (it has confirmed one so far). I think with gas prices forecasted to stay high over summer months PSA may move to drill Vermilion earlier rather than later. I guess we will have the chance to ask this question at upcoming 13 May AGM.
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