PPP pan pacific petroleum nl

is there another stock with less risk, page-5

  1. 347 Posts.
    I think that PPP is just a spin off basically of NZO who 12.5% in the same Tui project.

    Tui was originally only 27m 2P reserves I think upgraded to 42m and now 47m after they extended their FPSO contract recently. However, they are not seeing the decline in resourse that they expected and are now due a further upgrade at the end of June.
    Makes it look attractive I reckon.
 
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