Australia's largest stock trading and investment forum Australia's #1 stock forum

PV1

5.26%

1.8¢ provaris energy ltd

Ann: Titan Begins Flow Testing at Allen Dome, page-16

First 16 Last

Share
Profile

Follow
Joe007

2,549 Posts.

301

12/05/15

09:08

Post #: 15259728
Share

Originally posted by swami2 ↑

Aprox 1.5 billion. Was only 1 billion 12 months ago.
They have 5 wells in production for 30 BOPD to Titan.
They have plans for 5 new wells including 2 that have been drilled.
Lets credit 100 bopd to titan from those 5 wells.(50% share)
Thats 130 bopd for Titan sh's.
For round figures lets say 200 Bopd for Titan at a generous $50 a barrel profit.
That's $10,000 a day revenue ,Be generous and say $330,000 for a month or $1 million for the quarter.
Now look at their expenses last 6 months reported in the half yearly.
4 million dollars was expended and a further 1.8 million lost in foreign exchange differences!
They have spent nearly 1 million usd a month!
So hard to see when or if any profit can be generated.
The company needs to show how it can keep spending down below revenue.

Expand

From last appendix 5b ,,approx 544 million ordinary shares in the company

GEV Price at posting: 3.6¢ Sentiment: Buy Disclosure: Held
3 Upvote

0 Great analysis

Reply

Top Stories

Emerald & Azure score Digger & Dealer awards

Bitcoin: Current State of Play & Where to Next | Swyftx

From the Floor with Federal Opposition Leader Peter Dutton at Diggers & Dealers 2024

NEU

Neuren Pharmaceuticals dips after pediatric Angelman Syndrome Phase 2 trial results fail to impress

TNC

True North increases silver metal at QLD's Vero deposit by 20%

TKM

Trek Metals jumps 5% as gold & REE drill run kicks off at Christmas Creek in the Kimberley

Week 32 Wrap: AI is clearly overhyped – but did we see ‘bubble’ burst already? Plus RBA decision; Japan’s wild week & Google ruling

HZR

Hazer Group reports ten days of continuous operation at graphite-manufacturing test facility

Dale Gillham's weekly wrap: picking resilient stocks in a volatile global market

Revolutionary inverter technology leads the clean energy charge

There are more pages in this discussion • 9 more messages in this thread...

First 16 Last

Add PV1 (ASX) to my watchlist

(20min delay)
Last 1.8¢		Change -0.001(5.26%)		Mkt cap ! $11.32M

Open	High	Low	Value	Volume
1.9¢	2.0¢	1.8¢	$5.598K	285.9K

Buyers (Bids)

No.	Vol.	Price($)
3	84042	1.8¢

Sellers (Offers)

Price($)	Vol.	No.
2.1¢	690766	3

View Market Depth

No.	Vol.	Price($)
3	84042	0.018
3	236294	0.017
4	926666	0.015
3	237117	0.010
1	100000	0.005

Price($)	Vol.	No.
0.021	690766	3
0.022	20057	1
0.023	20000	1
0.028	75300	1
0.029	7500	1

Last trade - 16.10pm 09/08/2024 (20 minute delay)

PV1 (ASX) Chart

Ann: Titan Begins Flow Testing at Allen Dome, page-16

Emerald & Azure score Digger & Dealer awards

Bitcoin: Current State of Play & Where to Next | Swyftx

From the Floor with Federal Opposition Leader Peter Dutton at Diggers & Dealers 2024

Neuren Pharmaceuticals dips after pediatric Angelman Syndrome Phase 2 trial results fail to impress

True North increases silver metal at QLD's Vero deposit by 20%

Trek Metals jumps 5% as gold & REE drill run kicks off at Christmas Creek in the Kimberley

Week 32 Wrap: AI is clearly overhyped – but did we see ‘bubble’ burst already? Plus RBA decision; Japan’s wild week & Google ruling

Hazer Group reports ten days of continuous operation at graphite-manufacturing test facility

Dale Gillham's weekly wrap: picking resilient stocks in a volatile global market

Revolutionary inverter technology leads the clean energy charge

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News

Ann: Titan Begins Flow Testing at Allen Dome, page-16

Top Stories

Emerald & Azure score Digger & Dealer awards

Bitcoin: Current State of Play & Where to Next | Swyftx

From the Floor with Federal Opposition Leader Peter Dutton at Diggers & Dealers 2024

Neuren Pharmaceuticals dips after pediatric Angelman Syndrome Phase 2 trial results fail to impress

True North increases silver metal at QLD's Vero deposit by 20%

Trek Metals jumps 5% as gold & REE drill run kicks off at Christmas Creek in the Kimberley

Week 32 Wrap: AI is clearly overhyped – but did we see ‘bubble’ burst already? Plus RBA decision; Japan’s wild week & Google ruling

Hazer Group reports ten days of continuous operation at graphite-manufacturing test facility

Dale Gillham's weekly wrap: picking resilient stocks in a volatile global market

Revolutionary inverter technology leads the clean energy charge

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News