PV1 0.00% 1.9¢ provaris energy ltd

prophet they have a lot more cash in bank than their quarterly...

  1. 1,653 Posts.
    prophet they have a lot more cash in bank than their quarterly says. They didn't receive the cash from march placement until after the reporting period so they have about $2m more than that. I did a detailed post on this about a month ago including costings for all the planned work. They are fully funded for the entire work program with numerous prospects for significant cashflow. It's quite conceivable they'll never need to raise capital again.
 
watchlist Created with Sketch. Add PV1 (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.