PPP 0.00% 3.7¢ pan pacific petroleum nl

in tatters, page-16

  1. 8,994 Posts.
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    Had a look at PPP last week now that the Timor dusters are out of the way.
    I note a few posters have expressed a concern that PPP could lose Vietnam stake altogether.
    The way I read it, PPP's agreement with PV for retaining 5% is a done deal.
    The remaining items are "formal" approval from PV and Viet Gov. I cant see why that would not happen.

    Would be interested to hear reasons, if any, why PV or Viet Gov would not approve the PPP 5% stake, or why PV would change their backin from 10 to 15%

    Last question, any ideas approx how much cash PPP will receive if PV backin for 10%.

 
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