lol tweety...
your funny...
mr spot is a party animal and hes still in bed...zzzz
check out NGE instead...
A very detailed broker report out on NGE...
this is my favourite stock...
its a little ripper in the making, with it holding some of the most prized oil and gas permits in SE Asia...
management suck though...
I have reposted this article from David Hardman...
"
Was published on the 5th of Feb. Probably explains the recent interest in the stock
I like their valuation range - $.83 - $1.85
http://www.martinplacesecurities.com...blications.php
KEY POINTS:
? PNG now a world class hydrocarbon province.
? NGE has the largest onshore tenement area in PNG (51,800 km2).
? Risk adj. resource target > 505MMboe from un‐risked 2,500MMboe.
? Risk adjusted base exploration value> A$500m (A$0.75/share).
? Talisman Energy Inc is a key farm‐in partner in PPL 268 and PPL 269.
? Success at PPL 269 Sepalosiphon worth A$1,058m (A$1.59/share).
? Success in PPL 267 Panakawa worth min A$124m (A0.19/share).
? Major international corporate rationalisation underway in PNG."
PNGLNG.COM
.^sc
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