PVE po valley energy limited

patiently positive

  1. 707 Posts.
    I just try to take a little positive scenario on Pve, after all we seemed to come across one bad thing after another even though it's not the managements fault. For a change:
    Let us assume that the result on Graddiza is commercially positive , then we get a new outstanding and exceptional Ceo and the permit to start production on Bezecca early next year, then st Alberto early 2015.
    Discover more offshore gas in 2015 as well..
    2016 will be a bloody booming year or we may call it pay back time for Pve shareholders whom have waited and suffered patiently for nearly a decade.
    Now Pve is producing from four wells at today's gas price. Would be roughly 20 million euro per year.
    The company can then pay dividends and have plenty of money to further their discoveries especially the offshore one into productions.
    It can be then compared back to 2009 when some analysts were advising people to buy at $1.50 and targeted the share price of $4 per share. If that is the case we will be all celebrating.
    This is only my own assumption and if we are patient enough to wait another three years+ for Italian timing. But hopefully it will be real this time.
    If that is a case and all goes well I guess the share will be in demand and the price would be $2+ to say the least !!
    Good luck to all..............

 
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(20min delay)
Last
5.8¢
Change
0.003(5.45%)
Mkt cap ! $67.21M
Open High Low Value Volume
5.8¢ 6.0¢ 5.8¢ $64.70K 1.109M

Buyers (Bids)

No. Vol. Price($)
1 355603 5.8¢
 

Sellers (Offers)

Price($) Vol. No.
5.9¢ 55000 2
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Last trade - 10.56am 29/07/2025 (20 minute delay) ?
PVE (ASX) Chart
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