sorry.........
i just remembered who the director is.
the SP should of doubled with news like that!
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sorry.........
i just remembered who the director is.
the SP should of doubled with news like that!
A few cents drop, on minimal turnover. Someone wanted to quit a few, and there were no buyers.Quote:
quote:Originally posted by neopole
a 12.5% drop.
did the director die?
or is a fatcat trying to wobble the SP to get a few more before the oil flows in 60 days?
or are the options draging down the SP because of a late hector drill?
???????? BFDQuote:
quote:Originally posted by COLIN
Help! I need some counselling! I'm feeling guilty about having taken 185,000 PPPOA off some hapless seller just a few days ago for 4.1 cents. What shall I do?!
4.5c today, perhaps you should cash them in and buy a lotto ticket.
End of day quote in Oz was PPPO 5c to buy, sell 5.9c...looks like they are starting to rise again....which I think they will as the pressure will build as we near the date for production. If PPP extended the options another month or so it would be nice but probably won't happen. Hector will be later than first envisaged and I think they started Amokura 3rd April or thereabouts and might finish that soon as they are around 1200m on the horizontal section. Then they complete the casing and move to the Pateke site and start drilling in say 7-10 days? And then another 5 weeks for Pateke and start Hector 14th - 20th June??? Interesting.
Sharp
Thanks to the punter who talk my oppies off me for 7 cents. Good luck hope it works out.Quote:
quote:Originally posted by Gofor Broke
???????? BFDQuote:
quote:Originally posted by COLIN
Help! I need some counselling! I'm feeling guilty about having taken 185,000 PPPOA off some hapless seller just a few days ago for 4.1 cents. What shall I do?!
4.5c today, perhaps you should cash them in and buy a lotto ticket.
Just bought some more PPP's and looking to possibly buy more :-)
$$$ for jam IMO
it took around 32days to setup and drill the amokura well,
so the last well could be drilled in a similar timeframe putting the completion of drilling somewhere in the 17th to 21st of june.
so the oppies are out of the gamble for hector.
but still in play for about a week or so for the start up of the tui project.
the last 2-3 weeks of june will be exciting for PPP options.
im glad im comfortable with my share of heads.
announement on april 2 for spudding of amokura = 43 days to drill & complete.Quote:
quote:Originally posted by neopole
it took around 32days to setup and drill the amokura well,
so the last well could be drilled in a similar timeframe putting the completion of drilling somewhere in the 17th to 21st of june.
so the oppies are out of the gamble for hector.
but still in play for about a week or so for the start up of the tui project.
the last 2-3 weeks of june will be exciting for PPP options.
im glad im comfortable with my share of heads.
4th hole has already been drilled to about 1500 m and sub tree installed - so one would expect about 4 weeks to complete once OP has re entered hole = something would be wrong if not completed by june 15.
Still have 40,000 ppp oc's and expect will be converting them prior to Hector getting exciting come mid July.
IMO the excise date will not be extended - ppp need the money to help retire Tui development debt and since oc's in the money now then why risk Hector being a dud with an extended excise date.
The real excitment will be as Hector passes 3,000m - oc's will be no longer be a distraction, leaving PPP pumping Tui oil and their share price rocketing up to new heights - might even put a sell bid out now, say 50,000 @ au40c ready for early July.
M
Correct there ,the machine. Pateke could take up to two weeks less time somewhat depending on the final length of the horizontal drill. So i suppose if it takes a long time that is good news. We have to grab indications from whatever piece of info there is as they have decided to no longer tell us how long the drill is or the oil bearing column height. No news as we now have will get taken as bad news but that might not necessarily be so,but it becomes the best quess in the dark.
Check the depth out... I am thinking about taking out the sellers....