PVE 5.26% 3.6¢ po valley energy limited

Nice move today, revenue is almost $2M AUD a quarter. PM1 has...

  1. 1,424 Posts.
    lightbulb Created with Sketch. 855
    Nice move today, revenue is almost $2M AUD a quarter.

    PM1 has 8.2 BCF remaining which is worth almost triple the market cap if it is successfully sold at today's prices. PM1 reserves should last 10+ years.

    The market is valuing this as if PM1 is the only well.

    Its anyone guess how much they will they sell Teodorico for which has 37 BCF in 2P reserves.
    Last edited by RNClarke: 02/05/24
 
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