PYM 0.00% 0.0¢ pryme energy limited

hope we hear something sooner rather than later but if justin is...

  1. 8,389 Posts.
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    hope we hear something sooner rather than later but if justin is 'talking up' the 50 bopd then i reckon he is already spin on the what will be low numbers ...... eg. sorry guys we are only at 75 bopd but hey, that's great coz break even is 50.

    great news that 50 is all that is needed, bad news if each well we drill only barely washes its face. how many wells are needed to eventually feed us shareholders as opposed to management - if they are all under or around 100 bopd? they could effectively keep themselves in a comfy job for the next 20 years drilling nice little 'break even' wells.

    certainly hope not but i always tend to look at the worst before the blue sky promises these days.
 
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