Salamander Energy - Re: SMDR Stream Log - Salamander is a definite hold...

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13:25 29/08/2014

Salamander is a definite hold for me. Very well managed company by all accounts and it's important to remember that as I write this, they are filling barrels of oil at the Bualuang field, so there is real substance to the company (unlike KEA which was being touted heavily on here a couple of weeks ago and which now looks like a complete basket case). More drills to come, but the company does need to reduce the debt (which is clearly what spooked the market yesterday). For those prepared to hold, I remain convinced that there will be good profits ahead.

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