PYM pryme energy limited

oil price up...pym set to catch up, page-2

  1. 2,988 Posts.
    Basically the market needs to wake up to the value of these companies producing gas in the US to really see prices take off.

    Compared to a minerals company which needs many hundreds of million dollars and 3-5 years to get a mining venture off the ground, these oilers can go from spudding a well to cashflow in 2-4 months, and the overall risk is not that different.

    I'm tipping this will be the next fashionable sector once Iron ore has run its course.
 
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