Last Price:
Date of Initial Coverage
13-Apr-22
Initial Entry Price
$0.011
Returns from Initial Entry
-81%
PRM to have a significant share price re-rate upon the successful drilling outcome of the Sasanof-1 well of which PRM has a 12.5% stake.
There were no commercial hydrocarbons detected at the Sasanof-1. We are holding on to our PRM shares in the hope that the company finds another project of interest. We may sell out of our PRM position to free up capital for other investments.
✅ Initial Investment: @1.2c
🔲 Top Slice
🔲 Free Carry
🔲 Take Profit
🔲 Price increases 300% from initial entry
🔲 Price increases 500% from initial entry
🔲 Price increases 1000% from initial entry
🔲 12 Month Capital Gain Discount
🔲 Hold remaining Position for next 2+ years
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