PV1 10.0% 1.8¢ provaris energy ltd

its a mad world, page-2

  1. 240 Posts.
    My opinion: not any time soon. MAD just completed a capital raising which will be used primarily for production / acreage purposes. Although the market cap for TTE is relatively small at the moment, it would make more sense for them to use cash on their own fields rather than acquire a dome which is yet to be tested by TTE. There is also a promissory note on the balance sheet which needs to be paid (around $12M if i recall correctly). But who knows what will happen
 
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