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2.50% 4.1¢ po valley energy limited

0.7mmcf/day, page-9

  1. nk
    3,086 Posts.
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    16/12/11
    11:04
    Post #: 9449222
    you are right danny

    still assume another 1mcf per day from one Bezzecca well

    Total 1.7mcf per day gives roughly net AUS7million pa at $15 gas from this plant

    Thats a lot of cash flow for a $16million dollar market cap

    the most imporatnt aspect is that there should now be enough working capital to continue development and drilling without significant equity dilution which would have been the case otherwise.




    PVE Price at posting: 14.5¢ Sentiment: LT Buy Disclosure: Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
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