PYM 0.00% 0.0¢ pryme energy limited

Ann: Deshotels 13H Flow Test , page-47

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  1. 5,658 Posts.
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    I don't see anyone whinging, everyone seems pretty calm and rational. There are definitely some big reasons to be worried and if the next two wells are as bad as the first two for any reason at all we'll we wishing we could offload what we have for 4c. It's not that unlikely.

    The directors have already put a fair amount of their own money on the line, which is a good sign. I'd really like to see them participate in a big way when the time comes, but if it happened now we'd be painfully diluted. What we need is a good well, preferably two or three, to convince everyone the land is worth bothering with.
 
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