PV1 provaris energy ltd
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Crewd, the only reason they tested DR11 was to keep its permit,...

  1. mikey26
    2,883 Posts.
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    26/04/13
    09:34
    Post #: 11688122
    Crewd, the only reason they tested DR11 was to keep its permit, they did not want to dip all their funds into the project.

    This was the minimum they had to do to satisfy the DMP to retain the permit.

    If AD is the company maker it seems to be, they will have heaps of funds in future to explore the Perth Basin further. In one way, what they did was smart.

    They will be free-carried now for the EP455 permit, so we might as well let AWE use up their funds to explore the area for now.
    GEV Price at posting: 13.0¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 23  Upvote
    lightbulb Created with Sketch.  Great analysis
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