Ive been buying and happy to follow the Chairman. He has stated there will be no cap raises to unlock value.
There is huge PM-1 Selva Malvezzi Upside. There is roughly 100 BCF in the below diagram with PVE holding 63%.
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Currently we have the First Stage up and running and should generate $8-10M+ Per Year to PVE (8.4 reserves).
8.4 BCF of gas is worth approximately $77M AUD ($47.5M million Euro) at 20 cents per scm and $116M AUD ($71.3M Euro) at 30 euro cents per scm. If the rest come online over the next 12-24 months then this will be a cash cow.
Plus we have 37 BCF at Teodorico offshore which is 100% owned, that could be offloaded for double the market cap itself IMO. What am I missing?
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Last
3.7¢ |
Change
0.000(0.00%) |
Mkt cap ! $42.88M |
Open | High | Low | Value | Volume |
3.7¢ | 3.8¢ | 3.7¢ | $76.99K | 2.080M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 138583 | 3.6¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
3.7¢ | 433638 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 138583 | 0.036 |
1 | 170000 | 0.034 |
1 | 20000 | 0.033 |
2 | 431250 | 0.032 |
1 | 150000 | 0.030 |
Price($) | Vol. | No. |
---|---|---|
0.040 | 33638 | 1 |
0.041 | 35000 | 1 |
0.042 | 15000 | 1 |
0.043 | 185971 | 1 |
0.047 | 200000 | 1 |
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