PPP 0.00% 3.7¢ pan pacific petroleum nl

Dargie,"That isn't someone just popping into the market to pick...

  1. 5,697 Posts.
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    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.
 
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Currently unlisted public company.

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