Many downrampers actually wanna get PPP at 14c or lower.
I also wanna top up at 14c, and I know plenty of buyers are waitting.
I am nearly 100% sure PPP will invest in other projects in 2011, and 100% sure SP of the 2011 year high should be at least 30c.
As for PPP's investment, an example is NEN--cash on hand 3million, MC $45 million---just spent little money to acquire 2 blocks in Viet.
Bear in mind, such announcement can come at any time.
If we cannot see PPP's SP over 30c in 2011, I will apologize to everyone. The target of 30% profit is really too low.
And from the investment point of view, I am not surprise at all if PPP invest in Coal project, or even in iron ore projects. With plenty of cash on hand, anything is possible. BND is another example, --devest oil, invest coal.
Cheers
PPP Price at posting:
15.5¢ Sentiment: LT Buy Disclosure: Held
