Perhaps the decision by Premier should be viewed positively in that it might introduce a company which is keen to push ahead with more exploration in the block and perhaps more importantly a move to prove CRD being worth getting into production.
Then the real value to PPP will be factored in.
So let's hope we have a solid oil exploration/development company on board now.
As usual shareholders are left dangling not knowing.
PPP Price at posting:
10.0¢ Sentiment: Hold Disclosure: Held