new announcement out

PPP has seen fit to issue a comment on the current activity and has also posted an updated finacial situation.

The information is quite, quite interesting especially this lot :

Cash at end of period
A$ 81,078,000 at 30/06/2008
A$ 148,050,000 at 30/11/2008

The above cash at end of period was held in the following currency:
Australian Dollars
New Zealand Dollars
United States Dollars
A$ 2,793,000 30/06/2008
NZ$ 14,800,000 30/06/2008
US$ 64,059,000 30/06/2008

A$ 53,578 30/11/2008
NZ$ 38,034 30/11/2008
US$ 41,062 30/11/2008
PPP is free of any debt. Cash at 30 November 2008 excludes cash deposited in support of the Tui FPSO lease contract, US$7,097,627 (A$10,800,000).