PYM 0.00% 0.0¢ pryme energy limited

Ann: Capitola Oil Project Operations Update, page-13

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  1. 103 Posts.
    One is clear. Share price of PYM is function of cash in the Bank. If cash runs out then share price will go down. So what is the way out? Produce more oil to get cash. Knocked down to 0.6c now after news release (i think more because of outlook that PYM wil not generate enought cash to cover expenses)
 
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