Oil price up to $97 and Pryme has not reacted a bit... in fact since mid year when oil was around $60 Pym has drifted off from its 50 -60 cent trading range ... GO figure !! Expect a catch up pretty soon.
Whilst Prymes current oil production is not huge this price rise should realistically add 10 cents a share...
Success at Saline Point #2 should also add some value.
In addition the 2nd well at Raven is due to commence on 15th Nov... and add to that 5 Turner Bayou wells this month... it wont be long before some serious players sit up and take notice of this current under valuation.
cheers
Oil price up to $97 and Pryme has not reacted a bit... in fact...
Add to My Watchlist
What is My Watchlist?