Pryme is taking a while to give the results of its wells. I hope they are doing so because they want to give the results all together and not because they are having trouble.
I view the fact that Patersons and Evo Fund have large holdings in the company as a good thing - esp. Evo Fund, the guy who runs it is a stock market guru and well known for spotting stocks that are undervalued or have special value to another company. I have faith in the management at Pryme but like all oil plays it is risky...
PYM Price at posting:
0.9¢ Sentiment: Buy Disclosure: Held