PV1 5.26% 1.8¢ provaris energy ltd

focus on revenue(earnings) not the share price, page-26

  1. 360 Posts.
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    As cdonald recently said that we could be getting a 1c dividend next year. The way they are going with a minimum of 700bbl/day production as a short term target, we could be very close haha. We are halfway there now!
    Probably more like a 0.5c divi as a possibility because a lot of earnings would go into more development and Perth Basin exploration. But certainly possible! You only have to think of 1000-1500 bbls/day....that's up to around A$40m p.a.(we are close to $10M yearly income now)...Oh Yeah Go TITAN

    This is just my musings, please dyor

    BTW, the share price is just so low considering and could continue to be volatile but what the heck, I bought a lot more yesterday (for me it was a lot anyways :)

    W
 
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