PV1 0.00% 1.9¢ provaris energy ltd

We also have this, from the Quarterly:"TTE is participating in a...

  1. asf
    9,887 Posts.
    We also have this, from the Quarterly:

    "TTE is participating in a Joint Venture with AWE Limited (AWE) which farmed in for a 90 per cent equity share in an area known as Eneabba South (EP455) in the North Perth Basin in December 2009. Pursuant to the farmin agreement, AWE will carry TTE through a gross permit expenditure of up to $7,500,000 after which AWE will pay 90 per cent and TTE 10 per cent of approved work programs and budget expenditure."

    $7.5m spent by AWE- this is not too shabby, given we only have a market cap of $6.67m, and we just raised $2.66m cash.

    Director Paul Garner just bought a couple of shares on market, and there are options with a strike price of @ 1.5c, so there's an incentive to get them into the money. I don't hold the options, but I hope some of you do!

    Good luck, holders- $61,500 just bought on market. It's not much, but we're only a tiddler!
 
watchlist Created with Sketch. Add PV1 (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.