PYM pryme energy limited

the start of a journey......

  1. 1,073 Posts.
    Well, I have done some more homework this afternoon to see where my Pryme stock is at. (Not Bloody Far!! LOL!!)

    Basically, it's like it's at "The start of a journey...".

    Lets have a look at the strategy in play here-

    We have Laselle Parish(oil) and now Raven(gas) contributing to cash flow for the company.

    We have Turner Bayou about to have 15 wells drilled in quick succession this over the next 3 qtrs.

    Raven to have a well drilled every qtr.

    The Farming out of 3 other projects. Atocha could be started by early next year, and is MASSIVE- 1TCF.

    -----------------------------------------------------

    Against their peers Pryme is 25th on market cap and 9th on cash flow. Now remember this was before todays result!! I wonder where Pym has moved up to now.


    Yes, it may be a journey but it might speed up from here.

    Pryme reminds me so much of Cvn and where that was 6 months ago.

    Just my thoughts....

    mm
 
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