PPP pan pacific petroleum nl

Cash end Sept qtr was $87milShares on issue 588.6mil = cash...

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    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)

 
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