PVE po valley energy limited

re: Ann: Po Valley starts workover activity a... The minimal...

  1. 538 Posts.
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    re: Ann: Po Valley starts workover activity a... The minimal additional investment pertains to Bezzecca which would appear to be scheduled to be drilled (with the same Rig?) after Vitalba. The viablity of Bezzecca may or may not be positive, however that is the risk of these smaller gas fields. It would seem that there is a greater chance of decent gas levels in Vitalba. If they do have have the rig for the second well then this may be a flow of good news and may be a catalyst for share price gain. Alot is riding on success of these wells including I would say there RBS loan facillity which is reviewed next quarter. If they choose to use the 3 mil still available in there to fund this quarters works then things will be tight should these wells not prove successful. Its make or break time for PVE lets hope its make.
 
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(20min delay)
Last
5.9¢
Change
-0.001(1.67%)
Mkt cap ! $68.37M
Open High Low Value Volume
6.0¢ 6.1¢ 5.9¢ $35.12K 585.8K

Buyers (Bids)

No. Vol. Price($)
1 16762 5.9¢
 

Sellers (Offers)

Price($) Vol. No.
6.3¢ 291000 2
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Last trade - 13.24pm 01/08/2025 (20 minute delay) ?
PVE (ASX) Chart
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