pym re: kactuss watch signal Pryme Oil & Gas (PYM) What is...

pym re: kactuss watch signal Pryme Oil & Gas (PYM)

What is Pryme's Secret that make PYM stand out from other new Oil & Gas Companies on the ASX ...?

This is, imo, a very interesting question.....

I personally do not think there is any real magic secret.... as such ...


Probably what can we attribute Pryme’s (PYM) ... "secret" ... and early foundational success to ...and obvious early clear market lead, strength, market support and sustained favour by larger Investors, is their Clear laid out Strategy going forward....

And Markets love Companies.... with Proven Manageemnt with achieveable Clear Plans .... going Forward...

Again athis can be quite rare ...... that is a clear understandabble and believable Forward Strategy & Plan..... for the Immediate Future .... which Pryme amply does demonstrate .....

For me, also ..... one of PYM’s other Critical Success Factors: -- is that they are quick to get themselves to work, "on the ground" -- and deliver and execute their plain and clearly laid out strategy. -- With the Results and in house technical expertise and Focus to actually confidently be able to easilly report back to shareholders and demostrate this and thus back this up .....

Again a relatively rare, but nicely desired company attribute & trait ....

Another good point imo, is that Pryme (PYM) are so clearly, and transparently ….. going straight Forward ... .. and .. "DOING" the Gas/Oil Produciton -- now --- the share holder wealth value adding and company growth implementation...is actually happening now....

And this is right now..

ie: They(PYM) are not gunna's.

Pryme do not just talk.

Instead, refreshingly,Pryme simply "Do" .

The are a “do” Oil and Gas Growth Producer and not just a talk.

In business related projects of this sort, .... actually grasping and being quick to take advantage .....of the rare opportunities when they arise, is so critical…...

So many people/companies , imo, believe that "opportunity" -- will wait, but of course, it will usually not wait ... ….. and you can not plan the timing of opportunity either... When it arises you ahve to seize it. Pryme are doing jsut that thankfully.

So, I guess if you had to pick out a single fact, probably the fact thatPryme to date; always taken advantage of opportunity no matter of the timing....

So what are the now known and public facts for PYM share holders and investors ... ?

(1) That Pryme Oil and Gas is not just an Explorer but is also a Producer now. – with a robust foundation of Oil/Gas producing Projects to finance the further low risk exploration ….. So the conclusion is that the Capital Raisings --new cash injection requiremetns, will be minimized, as that the Company (PYM) has its own access to its wn cash flows now. … as per the follwoing in the Release.....

“ …. Pryme Oil * Gas (PYM) ….. has an exceptional suite of exploration projects focused on Louisiana, the fifth-largest oil-producing state in the U.S.

These projects are funded in part by existing cash flow.

Pryme’s management team has a total of almost 50 years of energy industry experience and has uniquely focused local knowledge, underscored by the proven track records of its managers and directors.
Again, As per the ASX released Report, we are now Also conservatively re assured regarding the authenticity of Pryme’s Oil & Gas (PYM) current known Reserves .... >> - (excluding new discoveries from current drilling programme !) :

“ …… The Oil/Gas Reserves study, which includes all of Pryme’s new aggregate interests on a current basis, shows gross Proved and Probable reserves at LaSalle Parish of 2,869,339 barrels and 320,717 net to Pryme.

Proved Oil/Gas Reserves for poryme now total ... 2,610,460 gross barrels and 287,971 net, while Probable reserves are 258,879 gross barrels and 32,746 net. No Possible reserves were calculated. ……..

This equates to a purchase price of US$15.62 per barrel in the ground when dividing the total amount of net reserves to Pryme by the total purchase price paid for the interests. …”

My Comment: This is a nice price, imo, given the US $ 71-$73 dollars Oil as at the current time, and also that it is one USA’s door step which removes the political risk.

Question: How trustworthy, credible and reliable are the Oil Reserves Pryme has interest over ?? --

Again the answer for me, is in the new Release just today:

“….. The report was written by R.A. Lenser & Associates of Houston, Texas, an established reservoir engineering firm with large and small corporate clients and known for producing Bankable reserve analyses (see: www.ralenser.com).

The study was made via the “Deterministic” method, the Only one Approved by the U.S. Securities & Exchange Commission. …. “

All imo, very re assuring good factual stuff, for Pryme (PYM) Investors.

Kindest Regards,

Robbo .