re: Ann: Pryme Closes US$100m Non-Recourse De...
If we can over-come the difficulties of the previous two wells and bring this third well 'home' with good flow rates, plus the added ability to develop the field rapidly-- this oiler is capable of giving high returns at these entry prices-- I know I'm stating the obvious.!!
For a junior oiler there is not a lot of script out there --a good well result should see this re-rate significantly( I have used that over-used adjective):-)
Any which way--just my opinion.
Cham
PYM Price at posting:
8.8¢ Sentiment: Buy Disclosure: Held