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0.00% 3.7¢ pan pacific petroleum nl

45m cash in the bank, page-24

  1. dargie
    4,510 Posts.
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    04/02/08
    10:25
    Post #: 3315901
    I need to study the qrtly a bit more, but my rough calcs with a mate came out at between A$85-100M net cash (ie loan paid off) by June 30 2008, assuming some (but not huge) water cut and similar oil prices to now.

    I suspect the JV will not release cash to the JV partners that is needed for royalties.
    PPP Price at posting: 0.0¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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