Benny1999 I hope one of ur friends is not reg.....he is the person who decided that beach petroleum get involved in geothermal....even changed the name to Beach Energy to reflect this expansion of energy types that beach would pursue..
Yes beach is busy with their petroleum side and recently farmed out their Shale side but no indication so far of what you are suggesting..
Ptr has 5mths left to farmout/JV some of its substancial interest ....get $5million.....beach to fund their 21%.......etc..etc....
This means that ptr must announce some good news soon re the above....not drilling is not an option for Ptr...Beach...or the Feds...
Tody the share price passed 3cents......
If it can stay there for a few mths then the options will start to finance some of the $5million...
Slowly you will see all the requirements achieved...IMO.
PTR Price at posting:
2.6¢ Sentiment: Buy Disclosure: Held
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