PV1 8.70% 2.1¢ provaris energy ltd

strong build up at 1.7, page-4

  1. 2,883 Posts.
    Kiszmmit you are correct mate but you missed the most important one DR11 hehe. This is in the Perth Basin and TTE own 100% of it. They are drilling 2 wells this quarter in Perth Basin, this is why the results from NWE and AWE are so important. They have hit gas which should lead to a doubling in share price for stocks in the region. Flow rates for this flowing gas should be out soon from these 2 companies. EGO is also expecting to hit gas in this region also.

    We also have ep4?? prospect in Perth Basin with a joint venture with AWE. They will be spending $7.5 million to frac this joint permit before June next year. Have a look at out market cap of $15 million and you will realise just with this cash alone we are severely undervalued.
 
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