PVE po valley energy limited
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Ann: Stronger flow test results at Gradizza-1 wel, page-4

  1. edd111111
    538 Posts.
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    04/12/13
    10:07
    Post #: 12654961
    re: Ann: Stronger flow test results at Gradiz... If the flow rates are sustainable and there is around 1 -2 BCF of gas recoverable then I would see it as viable. The revised flow rates represent about a 20 - 25% increase of revenue per annum (about .18 BCF per annum) equivalent to around 1 quarters current production from sillaro and castello. This could then value PVE at around 20c a share un risked. No wonder Master Mind was buying.
    PVE Price at posting: 15.0¢ Sentiment: None Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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