Phil has been in PNG for over 20 years, he knows which PNG Tenements are valuable. He is defiantly in the know and it is only weeks away until American and Canadians all start investing into Kina just a they did into Interoil in the 90s.
Phil has just invested 20 Million dollars into Kina Petroleum at a 50% premium from the IPO price.
At 40c per share we are still well below what kina and all their tenements are worth.
Expect a correction upwards very shortly.
We are on a great thing here
KPL Price at posting:
37.0¢ Sentiment: Buy Disclosure: Held
