PPP
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0.00% 3.7¢ pan pacific petroleum nl

16.5c cash/share +1000bblpd+1c/share interest , page-3

  1. ronstieb
    8,941 Posts.
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    19/12/10
    11:30
    Post #: 7633362
    Cash end Sept qtr was $87mil
    Shares on issue 588.6mil
    = cash backing 14.7cps
    (excludes ~4.5mil FPSO lease deposit)

    Hoping to accumulate at 15cps

    Targeting 20cps in leadup to Vietnam appraisal well drilling Q1 2011. (BESBS play)

    PPP Price at posting: 16.0¢ Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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