PPP 0.00% 3.7¢ pan pacific petroleum nl

ppp management should take the hint, page-36

  1. 8,074 Posts.
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    Kentbrock : - "Agree that PPP management seems inactive/hopeless.
    What is this Mr. Prudence doing all day?"

    Possibly he is sitting in his office doing a good impersonation of saying "eenie, meenie, minee mo.......
    as he looks at the "various " offers (?????) that PPP is supposedly considering.

    Hmmmmmmm ! Which is a bit of a worry. I mean is he the one to decide on what to recommend to the board ? How good is his judgement in doing that sort of thing ?

    The other thought is how good are these "offers" ? Will companies of any merit be approaching PPP ? Or will it just be "rubbish" that is being offered to PPP because it will be known that PPP does not really have the team or capability of making detailled assessments perhaps !

    Compared to the team at NZOG who have a set of sound criteria to follow and have indicated that they have already looked closely at a number of offers only to find them "inadequate"

    In my opinion NZOG is more likely to be approached with better offers since it has a greater depth to the company and therefore a greater strength.

    PPP has not shown itself capable of any management decisions so far. Therefore lacks credibility.
 
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