PYM 0.00% 0.0¢ pryme energy limited

Ann: Pryme Sells Capitola Project, page-2

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  1. 7,837 Posts.
    lightbulb Created with Sketch. 2295
    ok
    so now we are back to $5m in cash after sale, wow we have spent some money !!!
    we still have the Newkirk project, and we could possibly have a new direction??? I like when management want to create greater shareholder value.....
    ¨ Cash reserves generated from the sale will be deployed to other projects where the potential for creating shareholder value is greater¨
    I wonder if they will try to get something happening before the options expire, they have got until 23rd July this year, not that long really, I think they will come up with something if not already in the plans hence selling off the Capitola project..I hope so, I have been holding the options for a long while at a loss, would love to see the value there again, maybe soon...
 
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