PPP pan pacific petroleum nl

Todays announcement from AWE indicates a 20% downgrade in Tui...

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    Todays announcement from AWE indicates a 20% downgrade in Tui reserves which does not auger well for ppp as this is their only producing field. It is no coincidence that NZO and PPP are placed into a trading halt pending a material announcement. Could this be time for a full takeout of PPP while prospects are so dismal and admin costs so high?
 
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