Thanks for the chart Sandy........i put out a "PTR chart please" on the charts forum earlier today but got no takers.
Anyway, does appear it has been oversold, been watching it reasonably closely past few weeks.
In fact now that i think of it, we discussed it over the weekend from memory? On one of your "oversold lists" you put together.
Anyway, its my pick of the geothermals, excellent management, diversified assets, beach petroleum onboard (key technical experience), appointment of Business Delopment Officer (announced yestday, Ex-Origin energy).
Cashed up.
As dexter said earlier, this new appointment signals PTR's direction in developing a business from its projects and not just experimenting.
I believe PTR will move forward rapidly in securing JV's, both in Aus and overseas, and position itself as a key player in the emerging geothermal Industry.
Geothermal is gathering plenty of momentum, politically and commercially, with pending elections and focus on global warming, PTR should be condsidered HOT property, pardon the pun!
cheers.
PTR Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held
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