Good to see some interest this morning.
Is this the beginning of the pre spud run up?
In normal times we would be over $1.00 now but we need to remember that PVD do not have any oil reserves at the moment so they are not valued by the current oil price.
Their valuation will change dramatically on a discovery, some say up to $10 per share and by the time the discovery is made and the field brought up to production oil prices will most likely be over $1.00 again.
Worth holding a parcel because it could be a life changer with patience.
Cheers all,
In a nutshell, page-12
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