PPP pan pacific petroleum nl
Add to My Watchlist 0.00% ! 3.7¢

oil and cash backing

  1. stefoid
    2,046 Posts.
    lightbulb Created with Sketch. 77
    clock Created with Sketch.
    27/06/08
    10:26
    Post #: 3917007
    When do we reach the stage where the current market cap at around 30 cents is totally backed by cash? oil is currently floating around the $130s and people are predicting a pullback, but as fat prophets said last night, things like corrections dont usually happen until people stop expecting it. We could see oil around the $130s or higher for the next 3-6 months before some kind of pullback.

    Anyone care to try a spreadsheet that we can plug the POO into and see how it affects PPPs cash in the bank? (Id get it wrong)
    PPP Price at posting: 0.0¢ Sentiment: None Disclosure: Held
    Likes Created with Sketch.  Upvote
    lightbulb Created with Sketch.  Great analysis
    Stroke 3 Created with Sketch. Comments Created with Sketch. Reply

  2. Top Stories

 

Featured News

NEWS Askari sells Burracoppin Gold Project to Forrestania Resources
right-arrow Created with Sketch.
NEWS Strong soil results define new gold targets at Tole and Dadjan
right-arrow Created with Sketch.
NEWS Locksley significantly enlarges exploration program after historical discovery
right-arrow Created with Sketch.
NEWS New channel sampling confirms further copper at Graceland, Namibia
right-arrow Created with Sketch.
NEWS Where the Australian property market resurgence is heading and why it matters now
right-arrow Created with Sketch.
NEWS Drilling to commence at FAU’s Gimlet high-grade gold project following approvals
right-arrow Created with Sketch.
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
Add to My Watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.