Just over $2m cash with ~8 quarters of funding.
PRM are seeking a farm-in partner to participate in the Bowsprit project. The side track of the existing vertical well is expected to cost US$3million to drill, with US$1.5 million to complete ready for production. Subject to funding, the project is ready to proceed.
Aside of progressing Bowsprit, PRM has identified a potentially sizeable gas prospect located in a conventional, prolific basin of a low political risk country with a bid round scheduled in the first half of calendar 2023. The prospect is still undergoing technical due diligence and evaluation.
Some positives here!
Just over $2m cash with ~8 quarters of funding.PRM are seeking a...
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Last
0.2¢ |
Change
0.000(0.00%) |
Mkt cap ! $972.9K | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 31 | 17640900 | 0.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.3¢ | 11503069 | 7 |
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| Last trade - 16.21pm 25/07/2025 (20 minute delay) ? |
| PRM (ASX) Chart |
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