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An update from Po Valley Energy Limited ( (AU:PVE) ) is now available.
Po Valley Energy has released an investor presentation outlining summary information on its current activities, reserves and resources, and the basis on which its petroleum estimates have been prepared and reported. The document emphasizes that the estimates are drawn from a 2022 Competent Persons Report, describes the methodologies used (deterministic for most assets and probabilistic for the Teodorico project), and clarifies that these figures relate to pre-production reserves and prospective resources which carry both discovery and development risk; it also stresses that the company is not aware of any new information that would materially change these estimates, underscoring stability in its reported resource base for investors and other stakeholders.
The most recent analyst rating on (AU:PVE) stock is a Buy with a A$0.07 price target. To see the full list of analyst forecasts on Po Valley Energy Limited stock, see the AU:PVE Stock Forecast page.
More about Po Valley Energy Limited
Po Valley Energy Limited is a European gas producer listed on the ASX and OTCQB, focused on the exploration, development and production of natural gas assets in Europe. The company operates through a portfolio of pre-production reserves and prospective resources, with reporting aligned to industry-standard competent person assessments and regulatory disclosure requirements.
Average Trading Volume: 310,487
Technical Sentiment Signal: Buy
Current Market Cap: A$69.54M
For an in-depth examination of PVE stock, go to TipRanks’ Overview page.