PYM pryme energy limited

poor show, page-5

  1. 222 Posts.
    Hi guys,

    is Topspec the eternal pessimist on this thread or what, thought you had bailed out in misery months ago?? or are you just being cunning trying to create uncertainty knowing that the results of Raven are imminent and trying to pick up more stock as cheaply as possible at others expense?! Either way Topspec its dissappointing your posts are always so ill informed as to what is actually going on here.

    Middy, i've heard the fraccing and flow tests have gone extremely well, everyone is very positive, i believe flow results will be released as early as next week. ..

    Pryme will no longer be an explorer but a PRODUCER of Gas and condensate with sales and big $$$ immediatley....as Neil has pointed out big income for a small cap, with 10 , possibly more wells to come in Raven successful completion here will signal confidence to the market that their execution of game plan is spot on....

    This success is worth at least 60 cent per share based on earnings, plus i'd think a premium of another 20 cents a share reflecting what will come in due course for the rest of the Raven wells.

    Justin (MD) has just returned from USA and is currently doing a large number of broker presentations across Oz... so i expect there will be increased volume in the coming days.

    Bear in mind also Turner Bayou is due to commence drilling shortly , this prospect alone can be considered a "company maker" in its own right, and the 2nd Raven well is to be drilled around November.... so it is not unrealistic to see this gather alot more momentum by year end.... $1 - $1.20 by xmas is very feasible

    Buy and hold for the long term, cheers C U
 
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