Donthat,
Just how much is PNPL prepared to 'invest' ?
From everything I have seen, he has not invested one iota into CTP. His on-market purchases have not resulted in a single dollar flowing into the CTP coffers to fund exploration.
His attempt to secure 135M shares at 7c would have resuled in a cash inflow of $9.5M - then there was a report of $100M over 10 years (unconfirmed) ... that's all I've seen with respect to any PNPL (Palmer) investment - that's about 1 well per annum ... big deal!
Someone is trying to take control of this company for a pittance and certain shareholders arefalling over themselves to assist.
Please look at the farm-in to PetroFrontier/Baraka acreage by Statoil ... $210M over 3 years ... and a MUCH smaller acreage. Extrapolate that to the CTP tenements,
That's an investment!
Donthat,Just how much is PNPL prepared to 'invest' ?From...
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Last
5.2¢ |
Change
0.000(0.00%) |
Mkt cap ! $38.48M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 292051 | 4.9¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 5.1¢ | 500000 | 1 |
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| Last trade - 11.37am 11/07/2024 (20 minute delay) ? |
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