PVE po valley energy limited
Add to My Watchlist 1.79% ! 5.5¢

the forward curve on the Italian gas prices would make a US...

  1. nk
    3,216 Posts.
    lightbulb Created with Sketch. 174
    clock Created with Sketch.
    28/04/11
    16:00
    Post #: 8324332
    the forward curve on the Italian gas prices would make a US natgas executive cry

    In the US you get around $5mcf on the forward curve, the DEC 11 price for PVE in Italy is US$16mcf

    OPEX is about $1MCF for PVE , in the US usually $3 to $4mcf

    so if Castello brings home the porcini, they will be producing DEC 11 at annualised 2BCF with a forward price at $16mcf

    thats an annualised US$30million operating cash flow per annum to fund development etc

    EV is $30million

    So I call for a buck on this ticker in 12 months on the basis Castello delivers and the forward curve stays intact

    PVE Price at posting: 23.5¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 6  Upvote
    lightbulb Created with Sketch.  Great analysis
    Stroke 3 Created with Sketch. Comments Created with Sketch. Reply

  2. Top Stories

 

Featured News

AII Building assets, producing critical minerals and slashing dependency on China
right-arrow Created with Sketch.
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
Add to My Watchlist
(20min delay)
Last
5.5¢ 		Change
-0.001(1.79%) 		Mkt cap ! $63.74M
Open High Low Value Volume
5.6¢ 5.7¢ 5.5¢ $40.80K 737.8K

Buyers (Bids)

No. Vol. Price($)
1 70149 5.5¢
 

Sellers (Offers)

Price($) Vol. No.
5.7¢ 64913 1
View Market Depth
Last trade - 15.42pm 08/08/2025 (20 minute delay) ?
PVE (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.