PRM 0.00% 0.6¢ prominence energy limited

joint venture partner proves up, page-10

  1. 97 Posts.
    lightbulb Created with Sketch. 10
    Sounds good to me. Hartleys said their SP was underpinned at 12c from the US assets producing $2m PA revenue.
    Now it's at $2.4m and rising.

    The more they can get into the coffers the better at this stage, seeing they seem to be earmarking it all towards Thailand.

    “This outcome demonstrates another positive step toward delivering on our strategy to increase the US revenue stream over the next 12-18 months, providing the cash we need to reinvest in other high impact opportunities within our portfolio, particularly onshore Thailand.”
 
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