Petrus Resources Ltd T.PRQ

4 x Gray siblings

[topdop]

Anyone care to discuss what might be their exit strategy? 

Or not?

Are they building another PEY?

Or not?

[WRig33JN]

Id like to think they have a plan in mind. But is building another PEY even possible with thier current land base? 

[kavern23]

A possible exit strategy could be merging with Yangarra.  Land base is complementary and could add value for a merger sending some of Ygr ng to Petrus natural gas plant that has lots of room. Cheaper to run a gas plant fuel on a per unit cost as well.

[topdop]

Need to understand if they still want to remain Chiefs or if becoming simple Indians would do

[topdop]

Hi again Rig. Hard to say. One thing PEY never did in its infancy was tap the markets or do corporate transactions. With these guys well over 80% the two aforementioned avenues could permit Institutional Investors to come in otherwise we are stuck. Outside of what the owners choose to do, or a Material Event, there's simply no conceivable way our SP is going to go up simply through Retail