i don't think you are missing anything at all mist
before i invested i read all the reports going back 2 years and on FA alone i am happy to park an investment here for the longer term
The Lake is a proven LT revenue generator and with the barge workover and recent rapid result from drill to discovery and the infastructure in place then the lake holds massive potential from the upcoming land based exploration to next years return to barge drilling once the water level is up.
The Bayou and the other areas of exploration will be what interests the market though. I don't see this as ST P&D like recent VIL, JPT, GDN etc, rather somewhere to invest some dollars in and be happy in 12 months time
These guys are the masters of farming out exploration costs and retaining cash flow for another day IMO
PYM Price at posting:
4.5¢ Sentiment: Buy Disclosure: Held
