NEXT WEEK PRODUCTION COMMENCES 50000 BARRRELS/DAY INTIAL MAX FLOW. I have just bought another large package at 34.5cents. There is no way the SP of this company is going south next week. Pateke will be completed by now and flow lines attached supended ready to pump. May take a short time to crank up but oil is going to be flowing in huge amounts at a higher rate per day than chingetti or puffin, and selling into a peak oil price! First 3 shipments already sold-premium TAPIS price. Hector has potential to add $6 dollars to this share and will definately have large oil shows on drilling as did the nearby Pukeko 1, which will cause mass hype and speculation which is always good for a SP(as all you GDN people know). Next week oil TUI will commence production and I have a large holding of PPP and NZOO and expect strong interest. I see very limited selling before spud now, as this is an extraordinary situation where 50000 barrel production is commmencing at the same time as spudding occurs. PPP originally valued at 15 cents at US30 barrel. 80 US$ barrel PPP is valued in high 30-40. Upgrade is highly likely. DYOR Best of luck to all holders.
PPP Price at posting:
0.0¢ Sentiment: Buy Disclosure: Not Held
