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%.
PPP Price at posting:
30.5¢ Sentiment: None Disclosure: Not Held