PV1 13.0% 2.6¢ provaris energy ltd

While we can all speculate about why this trading halt was...

  1. 18,150 Posts.
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    While we can all speculate about why this trading halt was called let's rationally try to think it out.

    (1) It's not a CR......agree?

    (2) If there were problems with the well that also doesn't require a TH.

    (3) IMO we probably haven't reached TD and if we have there hasn't been time for logging etc let alone testing.

    So as a suggestion.....perhaps they have had very positive shows across two or three of the target zones during drilling.

    Does that warrant a TH?

    I don't think so as that could be contained in a normal drilling report.

    On balance I see a positive report once the TH is lifted.

    Would be pleased to hear the ideas of others.

    Have they found a mini Gawah......LOL

    Cheers
 
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