PV1 4.76% 2.2¢ provaris energy ltd

Ann: CNG Pipe-to-Pipe Transportion Project Economics, page-83

  1. 286 Posts.
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    My TA abilities are not worth much / anything - but I wouldn't be surprised if the SP drifted back down to that frustrating 0.185 to 0.190 range for a while yet.

    Although after Wednesday's somewhat sudden decline on the back of the price sensitive announcement there seemed to be quick interest around 0.200 to 0.210 - so maybe it will settle around there.

    Either way - the SP does tend to give me whiplash as it bounces around. Not a screen I like to watch too closely as a result.

    In a week it's August though. And management has been pretty clear about getting gas sales and supply agreements worked out - along with the first project announced - by year end. So, anytime in the next 5 months. I'm late to GEV - only been holding since April this year - but the impression I get is that they are meeting the milestones they've laid out - so I'm more than happy to sit and wait.

    If the market is a place where everyone is trying to get my attention and take my money - I'm happy to hand a big chunk of it to MB, JJ et al.

    Last edited by Fela: 26/07/19
 
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