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
4.0¢ |
Change
0.001(2.56%) |
Mkt cap ! $46.35M |
Open | High | Low | Value | Volume |
4.1¢ | 4.1¢ | 4.0¢ | $2.521K | 62.11K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 82777 | 3.6¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
4.0¢ | 101279 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 82777 | 0.036 |
2 | 573563 | 0.035 |
1 | 6000 | 0.034 |
1 | 20000 | 0.033 |
1 | 31250 | 0.032 |
Price($) | Vol. | No. |
---|---|---|
0.040 | 101279 | 1 |
0.042 | 40122 | 1 |
0.043 | 50000 | 1 |
0.045 | 100000 | 1 |
0.046 | 100000 | 1 |
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