PV1 25.0% 2.0¢ provaris energy ltd

financial projections, page-104

  1. 2,708 Posts.
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    Totally agree.
    Although i am not an expert in investing oil and gas company, I have been investing in precious and base metal companies for more than 10 years.

    I consider TTE as a small cap ($16M) company with massive potential.
    There are so many small cap companies in mining industry that they don't even have anything that is economically mineable but yet these companies are at around $20M (you can find a lot of this type companies in ASX ).

    TTE has a revenue of $400k a month and $5M a year with MC $16M.

    The reason why the SP did not move much is because it has more than a billion of share issued. Hopefully once TTE hit few more wells, we will see a spike in SP.

    DYOR
 
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