daytrades feb 24 afternoon, page-74

  1. 4,563 Posts.
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    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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