PETREL ENERGY LIMITED (PRL)

heartastack

heartastack

Well-Known Member
Silver Stacker
I hope readers can DYOR because I don't have much time to post. But I wish wish wish I had some powder dry for the current price. Drilling in commencing and results should be very close (weeks). If all goes well (excuse pun - there are 4 wells to drill before the end of August) it's a 20-50 bagger best case, but I'm sure a few bags after a snifter of oil/gas is enough for most! We are lucky at current price the drill bit needed to be upgraded which caused a few weeks delay and the share price has been decimated however what's under the ground hasn't changed! GL
 
Final drilling approval for all 4 wells was granted yesterday. Results for first well before September. Strapping in for results.
 
I think we should see higher prices over the coming weeks. Was talked about on Hotcopper and was expected a big start,but not a close of over 150% for the day
Exciting times ahead
I was lucky enough to grab a small parcel last Wednesday at 1.4 cents each, todays close at 2.8 cents with a high of 3.1 cents and turnover of 150 million odd shares
 
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