PYM pryme energy limited

Iceman the sweet FA, was in reference to production, which they...

  1. 4,837 Posts.
    Iceman
    the sweet FA, was in reference to production, which they have made a big deal about. Last quater they had production of 1460BO, which is 16BOPD. = $1.2mil US per year, which is bugger all, considering they have a fully diluted market cap of $60mil and made a $2.7mil loss last quater.I doubt you have seen the last of placements and capital raisings .
    As for the exploration acreage, if they find anywhere near the amount of oil and gas they are talking the share price will go through the roof and they will be set for many years/decades to come.
    However I hear its big bussiness in the US selling moose pasture to Australian oil and gas companies.

    Good luck
 
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