2.3 is fair. It's not like they said 10c+
Cash in bank and all things considered, they could have been more 'biased'. I for one didn't buy a sht load of options so that the heads can go to 2.3. I'm after much higher prices, so are Patto's and the 2 big soph's involved, and I have no doubt those targets will be achieved. Management are focussed on executing a plan that is delivering results and we've barely begun. We are a low cost oil producer. And yes I believe oil prices will return higher, but if they go lower first then maybe we can apply some of that cash to acquire an asset on the cheap. Time will tell. For now, we are cashed up and our wells are making money + building! PYM holders can smile and relax. Few are in this position. Few have millions to weather the storm. And even fewer can watch oil go lower to $30's and still make money! We can. Happy days.
- Forums
- ASX - By Stock
- PYM
- Ann: Shari Lynn Reaches Target Depth
Ann: Shari Lynn Reaches Target Depth, page-16
-
- There are more pages in this discussion • 21 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add PYM (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
BM8
BATTERY AGE MINERALS LTD
Nigel Broomham, CEO
Nigel Broomham
CEO
Previous Video
Next Video
SPONSORED BY The Market Online