PPP 0.00% 3.7¢ pan pacific petroleum nl

$0.18/s cash, page-16

  1. 20,489 Posts.
    lightbulb Created with Sketch. 2037
    Very manipulative If they haven't including drilling costs and haven't commented in the quarterly let's say there is a 15 million differnce (drilling costs and 5 million deposit) then that brings cash backing back to 15 cents vs 18 and I am sure many people would have bought today on the headline numbers. Wouldn't be too hard to work out real cash balance by comparing last qrtly , revenue earned and money spent on drilling . No position so I personally can't be bothered.
 
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