PRM 0.00% 0.7¢ prominence energy limited

Sasanof-1 Target Depth Week Stream, page-7

  1. 1,895 Posts.
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    yes I think the sell off now at a low prices certainly increases and possibly maximises the fomo in the event of a great result especially as so many have apparently free carried. there could be a rush to get in the lift if youve just dumped half you holding for 1c when there could be 25c plus on thei table.
    personally I think the consideration is
    1. it’s a hit so good gas flows - 15c (Tuesday)
    2. Wire logs suggest 7tcf or more - another 10c so ~ 25 (1-2 weeks)
    3. takeover / project buy out (conditional) think this gets glv to be ~40c to maybe 80c in the hype of one or maybe another offer. 1-2months

    yes let’s get the hit in the books first but then lots to consider for holders.
    Last edited by watchitgonow: 30/05/22
 
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