PYM 0.00% 0.0¢ pryme energy limited

Ann: Quarterly Cashflow and Activities Report , page-5

  1. 5,576 Posts.
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    I'm not really sure 2,000 is realistic. If we get it we'll all be laughing, but I can't really see it happening. The market doesn't seem to be expecting much (understandable since all we've seen so far are buggered up wells), but 1,500 would be great and might be realistic. If these wells can produce over 1,000, with half decent declines, the current share price is a bargain and we'll all be looking back saying "Heh, why didn't I buy when they were still cheap because they hadn't sorted out the drilling methods?"

    Surely 'in due course' must be expiring about now!
 
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