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2.0¢ provaris energy ltd

Sinbin, Thanks for your post. These guys will slowly build a...

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tui

6,125 Posts.

1513

29/05/15

18:47

Post #: 15379461
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Originally posted by sinbin ↑

FYI
the directors are buying at USD2cents, which equates to AD2.6cents and is subject to shareholder approval.
I am delighted that they want to put even more money in as they are not sellers and unlike a lot of similar companies they put their money where their mouth is. i.e. there are no freebies.
These shares are at the same price as Encore paid for their 6 month escrowed stock.
The Allen Dome seems to be oil rich, however the drill bit will do the talking.
Happy to hold.
By the way we are only talking of approx. 10 mil shares for $260,00.

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Sinbin,
Thanks for your post. These guys will slowly build a production portfolio.
DYOR And don't buy until they have established a sustainable production.

PS I was quite pleased that Reese flowed at 100 bbls per day on only 6 hours pumping per day. I queried them on it . A good sign.

GEV Price at posting: 3.2¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 2.0¢		Change 0.002(11.1%)		Mkt cap ! $13.73M

Open	High	Low	Value	Volume
1.9¢	2.0¢	1.9¢	$2.167K	108.9K

Buyers (Bids)

No.	Vol.	Price($)
3	876021	1.9¢

Sellers (Offers)

Price($)	Vol.	No.
2.1¢	26104	1

View Market Depth

No.	Vol.	Price($)
3	876021	0.019
7	568936	0.018
3	480000	0.017
2	312500	0.016
4	563466	0.015

Price($)	Vol.	No.
0.021	26104	1
0.022	315035	2
0.023	150000	1
0.024	83370	2
0.026	70000	1

Last trade - 15.26pm 18/11/2024 (20 minute delay)

PV1 (ASX) Chart