PV1 0.00% 2.1¢ provaris energy ltd

Ann: September Quarterly Activities-Appendix 4C Cash Flow, page-15

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  1. 20 Posts.
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    Ghee thanks for the contribution. Can see why you don't post here, would hate someone to have an opinion that isn't yours.
    They're using excessive capital on projects that are unnecessary (looking mainly at the Tiwi Project) and stripping capital at a ridiculous rate given they will not draw an income for at least 5yrs. I have no issue with them doing a cap raise, as mentioned above. Simply highlighting that they have clearly been on a marketing drive for the last 12 months and yet, we seem to have no institutional exposure or support. If we did have this, maybe the cap raise would be at a palatable discount.
    Feel free to include some analysis or relevant information in your next comment if you think Martin is actually watching
 
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