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Ann: Rosewood Plantation 21H No.1 Drilling Update, page-3

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  1. davo22
    4,837 Posts.
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    19/11/12
    10:58
    Post #: 11077401
    re: Ann: Rosewood Plantation 21H No.1 Drillin... Bad news for PYM, really brings into question the economic value of this project....A stuffed well and they havent even gotten to total depth let alone drill the horizontal section...with 2 duds already on their books and no debt facility signed of on yet things are looking very bad...

    IMO its time to cut and run on a stock that is looking very overvalued at this point in time!!
    PYM Price at posting: 0.0¢ Sentiment: Sell Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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