PYM 0.00% 0.0¢ pryme energy limited

Ann: Shari Lynn Reaches Target Depth, page-16

  1. 2,453 Posts.
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    2.3 is fair. It's not like they said 10c+
    Cash in bank and all things considered, they could have been more 'biased'. I for one didn't buy a sht load of options so that the heads can go to 2.3. I'm after much higher prices, so are Patto's and the 2 big soph's involved, and I have no doubt those targets will be achieved. Management are focussed on executing a plan that is delivering results and we've barely begun. We are a low cost oil producer. And yes I believe oil prices will return higher, but if they go lower first then maybe we can apply some of that cash to acquire an asset on the cheap. Time will tell. For now, we are cashed up and our wells are making money + building! PYM holders can smile and relax. Few are in this position. Few have millions to weather the storm. And even fewer can watch oil go lower to $30's and still make money! We can. Happy days.
 
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