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2522: Prospex Q3 results take it to the promised land of production
Prospex Energy (PXEN) continues the fundamental turnaround which has coincided with the arrival of CEO Tom Reynolds in February, and underlined in the Q3 update. Meaningful revenues are now the result across the company's European portfolio, with further expansion prospects in Poland. All of this is backed by higher gas prices than expected, with the share price up over 100% since August. Tom joins Zak Mir to talk through the update.
The skinny
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