Once again PVD is shown to have formed a JV which protects them from the recent events that FAR now find themselves, along with tpt, nen, ppp etc etc have had to stump up more $$ in or just prior to the drilling because of cost overruns!!!!
PVD are a stand out for many reasons BUT this one reason gives further proof that management understands this business and have protected shareholders very well in terms of risks other than the risk of finding or not oil in the ground which is now in the hands of s drilling rig in January.
It also gives encouragement that likewise in **on the JV will be in favourable terms to PVD and maybe jthis is why it seems to be taken a longer than expected time to consummate the JV because management will not let the Co be exposed to such oiveruns and are demanding TOTAL free carries to any drilling!!!!
PVD protectedfrom Drill overruns
-
- There are more pages in this discussion • 7 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add HHR (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
0.7¢ |
Change
0.000(0.00%) |
Mkt cap ! $19.66M | |||
| Open | High | Low | Value | Volume |
| 0.7¢ | 0.7¢ | 0.7¢ | $13.21K | 1.902M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 38 | 16554562 | 0.6¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.7¢ | 2354929 | 4 |
View Market Depth
| Last trade - 16.10pm 21/06/2024 (20 minute delay) ? |
| HHR (ASX) Chart |