PYM 0.00% 0.0¢ pryme energy limited

Ann: Boardroom Radio Broadcast , page-9

  1. 5,575 Posts.
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    PYM being the next AUT (obviously not quite AUT, but a story something vaguely similar) was my hope when I was pumping a lot of what I'd made on AUT into PYM.

    We've had delays and even if the land hasn't changed, the world has with Europe on the brink etc. PYM was never likely to grow quite that rapidly from such a poorly-resourced beginning, and while the land might be good, I think we're kidding ourselves if we are comparing it to the sweet spot AUT is working in. I'd love to be proven wrong and see it just as good, and if Syria goes into civil war and oil sits sustainably at $150/barrel I'll be laughing all the way to the bank, but I think we might be setting ourselves up for disappointment with such unrealistic hopes.

    I still see PYM as a very speculative case of high risk high return, and if I wasn't already holding heaps I'd be buying at the moment.
 
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