PV1 5.26% 1.8¢ provaris energy ltd

time to also focus on tte's other assets, page-27

  1. 5,279 Posts.
    I hope so Streibs. Thanks to the success at AD, TTE can now move from be a speculation play to a production play with targeted profits well in excess of the market cap. On Salt domes is is common to drill further wells within 100-200 ft of producing wells. So theoretically TTE can drill many $10m wells.

    Therefore I hope they use the generated cash to expedite drilling on AD as well as acquire more salt dome acreage, AND NOT spread the cash thinly by putting fingers in a multitude of highly speculative plays. Remember that for shareholders its all about shareholder returns - the share price!
 
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Change
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1.9¢ 2.0¢ 1.8¢ $5.598K 285.9K

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3 84042 1.8¢
 

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Price($) Vol. No.
2.1¢ 690766 3
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