Ive been buying and happy to follow the Chairman. He has stated there will be no cap raises to unlock value.
There is huge PM-1 Selva Malvezzi Upside. There is roughly 100 BCF in the below diagram with PVE holding 63%.
Currently we have the First Stage up and running and should generate $8-10M+ Per Year to PVE (8.4 reserves).
8.4 BCF of gas is worth approximately $77M AUD ($47.5M million Euro) at 20 cents per scm and $116M AUD ($71.3M Euro) at 30 euro cents per scm. If the rest come online over the next 12-24 months then this will be a cash cow.
Plus we have 37 BCF at Teodorico offshore which is 100% owned, that could be offloaded for double the market cap itself IMO. What am I missing?
Ive been buying and happy to follow the Chairman. He has stated...
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Last
4.1¢ |
Change
0.002(5.13%) |
Mkt cap ! $47.51M | |||
| Open | High | Low | Value | Volume |
| 4.0¢ | 4.1¢ | 4.0¢ | $20.64K | 515.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 26403 | 4.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 4.1¢ | 162163 | 1 |
View Market Depth
| Last trade - 16.10pm 16/05/2024 (20 minute delay) ? |
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Last
4.0¢ |
Change
0.002 ( 0.00 %) |
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| Open | High | Low | Volume | ||
| 4.1¢ | 4.1¢ | 4.0¢ | 40381 | ||
| Last updated 14.05pm 16/05/2024 ? | |||||
| PVE (ASX) Chart |