PVE is a silent assassin putting together gas deals in Europe under the radar. One well to start putting gas into the Italian main gas supply grid and two more wells to develop. Cash flow for No 1 is $20mmforecadt but with gas in Europe going crazy could easily be $40-$50m off well 1 alone. Look at PE even on $20m revenue. Gas wells operating costs are so low, once valve open, operating costs is not worth a mention. Only costs is maintenance. This is a real Disallowed.
PVE Price at posting:
6.8¢ Sentiment: Buy Disclosure: Held
