re: theanalyser to b2 TheAnalyser. Hi ,
APZ also run Trusts in effect and get payments for putting property portfolios int a package and marketing it I understand . You remember City Pacific , They have been a fast moving share and they do some like things. PVE has a prospectus you can read . It is Gas . Its management are very interesting and it is one of the floats I like as the Directors are not stuffed full of options which I do not like as that are to the disadvantage of other shareholders and Very importantly the Movers did Not milk the public as that did not sell any of their shares into the Float . That is a Great Signal. I like it much better than many gas shares who have to drill to hit or miss gas . These guys have , proved possible and probable (3P) of 84 Bcf and the wholesale price is circa $8 a thousand Cubic feet.
Makes Australian cheap reverse rip off prices a Joke .I would rather find gas in Italy at those prices .
Your friend Graham Bradley , EX top Man of Permanent Trustees is chairman I believe. Fully diluted Market cap say $75 M, Value of Gas say 84X$8m = $672, plus they could find more.
It is early days for PVE , it has only been quoted for 2 days , so sooner or later the market will wake up to it as it is not at a large premium at present to its issue price . I likes it for what I see as a great opportunity at a ground floor price , a very rare opportunity for general investors who are Not insiders, or 'well placed' IMHO
On another matter,you mention Acorn as an investor . Do you know which shares 'Jenkins' invest in at present? Do you have a way to scan for specific investors please? If you need the PVE prospectus you may e mail me at [email protected].
Everyone should carry out their own research and consuly their own professional adviser as I may have made mistakes so do Not rely on me.Please carry out
Best wishes B2
MTX
metals exploration limited.
