Very soon 1.2c will be true. After oil rally i canceled me sell order @0.9c. And who is selling at 0.6C when oil price has bottomed and moving up 20% from the lows? And Oil will hit 70USd this year very fast. Recovery is very rapid as i can see. PYM cash balance is around 8M AUD thats more than mkt cap plus production and cash flow will follow that will diminish cash burn rates in the future. And when oil price stays around 70USd that is average in this year then PYM can really go up in in the range 1.5c if not more. For me it does not make sence to sell at this price when oil is going up from here. A bit later this stock will attract attention of traders as very undervalued play with solid cash and future projects, production. I bought some @0.6c and 0.7c and will buy more @0.4c and 0.3c if it goes down further
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