At last quarterly gas pricing, PVE should bring in over $7m free cash this year. On top of the $8m AUD they already have in the bank.
It will likely be more given gas pricing has continued to rise much higher since then,
At this rate, they'll be able to self-fund drilling of the additional wells. So 5x the output.
If they can pull that off at current prices, that will be $30-40m cash into the coffers annually. The entire market cap.
At last quarterly gas pricing, PVE should bring in over $7m free...
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Last
4.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $46.35M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 192570 | 3.9¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 4.0¢ | 177547 | 1 |
View Market Depth
| Last trade - 11.06am 18/06/2025 (20 minute delay) ? |
| PVE (ASX) Chart |
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