16.5c cash/share +1000bblpd+1c/share interest , page-12

Dargie,

"That isn't someone just popping into the market to pick up a few shares. That is someone mopping up a large parcel of shares for sale."

So what?

I also wanna top up at 13 or 14c.

Oil price $91.5 now.

PPP's interest income alone, is already sufficient enough to pay 1c div per share.

Next quarterly report, you will see PPP's cash backing increased to 17.5c/share. (at least 6m net profits from the oil sale and interest income)

I suggest PPP invest in coal or iron ore projects in 2010.

Any investment announcement by PPP in 2011, can boost the SP into 30c range, no doubt! have a look at MOD mate.