PYM 0.00% 0.0¢ pryme energy limited

potential Disallowed, page-54

  1. 35,472 Posts.
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    I just think you have to keep a really close eye on rev vs production costs and admin in next quarterly.

    If the trend is good or at least improving, then the EV is small, but if it's getting eaten away like last 2 quarters, there is no hope unless oil is $80.

    Many of these micro ASX listed, US juniors need to join / merge, as they can't support the admin costs/ salaries of listed level. Pumps them dry.
    A good example would be joining with like of AKK (Cap $7m). and removing a full set of G&A
 
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