PPP pan pacific petroleum nl
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Well - not sure if you could ask for much more from a company...

  1. shareinspector
    347 Posts.
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    07/11/08
    10:41
    Post #: 4475462
    Well - not sure if you could ask for much more from a company that is capitalised at $120m.

    We have $150m in the bank and projected NPAT of $50m for the 08/09FY, and still plenty of reserves for a couple of years of production after that...

    Sounds like there risk profile for new projects is pretty stringent too - but I'm actually encouraged by that... I have a warm fuzzy feeling about this share again - long term I am happy to hold, and add a few more as able.
    PPP Price at posting: 21.5¢ Sentiment: LT Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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