PYM pryme energy limited

oil and gas weekly... comparison to rfe, page-5

  1. 222 Posts.
    well good luck to the RFE holders I hope they all make lots of money and it draws attention back onto this sector, but not for the wrong reasons...

    i have always liked Pryme for its strategy of having steady income from proven oil production together with a suite of low risk, low cost wells to build income together with some riskier plays that if successful will put its income into a seriously exponenetial category. Farming out some of these plays and having 25 % or 50 % of the upside makes sense for a small cap ...its a case of small steps first, then grow to handle bigger risk when the market cap size can genuinely afford to take bigger risks in going it alone...

    so i guess the comparisons at this stage between PYM and RFE are a bit like the tortoise and the hare... give it a few years and we'll see if "slow and steady" wins the race!!

    Good to see it close at 14 c today...still cheap, cheap cheap in the big picture.
 
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