Yes JBMurc I accept that the most upside for any of the shares is indeed with ppp, but surely the best return in the event of a strike lies with nogod?
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Yes JBMurc I accept that the most upside for any of the shares is indeed with ppp, but surely the best return in the event of a strike lies with nogod?
Hi,
FNARENA have posted a story about PPP, unfortunately only for subscribers:
[This article is for members only]
Pan Pacific Offers The Best Leverage To Tui Production
FN Arena News - July 05 2007
With the Tui oil field about to commence production Pan Pacific Petroleum will enjoy strong cash flow, while the Hector project adds exploration upside.
Can somebody who has full access to this please post a summary here??
Thx
Hi JBmurcQuote:
quote:Originally posted by JBmurc
Yeah sure is--
Hector's potential which includes Hector South is so huge that a positive oil strike within the next 6 weeks is going to send the SP into stratopheric levels. Strachan predicts $6 a share with PPP having the best leverage of the three listed companies involved.
-If PPP does hit $6 I'll have over $1m AUD invested in PPP [8D]
I'm a newbie to the NZ sharemarket, and I bought into PPP, NZO, and have a firm allocation for PRC. I also have a few non-oilers.
I intend to top-up my investments when I get some money in a few months' time. So, do you reckon PPP is the one to buy into? Of course, being a penny stock (so to speak), it appears to give a better return on investment, and also may have a lot of room to grow. But is there anything else about PPP that is lacking in, say NZO?
Thanks
In two months a lot will have changed. + $$$ we hope.
You have two stocks leveraged to production at Tui and any further drilling success. Sit back and enjoy the ride and worry about two months in two months.
Just to correct the record, Peter Strachan didn't actually say say that PPP had the best leverage of the three listed companies involved. Others may deduce that, but he didn't say it.
If Hector is a winner AWE, NZO and PPP will all be big winners. If it is a duster, the little fish will sink the deepest!
PPP have run strongly, doubling in recent months. I like NZOO in terms of leverage. Having said that, I would love bucket loads of all three stocks.
Both PPP & NZO are great investments personal I believe PPP will be taken over AWE or TAP or merge with NZO before they would reach a $1+ SP
I do hope I'm wrong and the major holders block any takeover
Yeah the NZO opts are even better leverage on a hector success;)
- be dreaming of $1,000,000 AUD beside PPP on my portfilo till hectors drilled & tested
Anyway JB, they are exciting times for all.
Let's hope those typhoons didn't cause any hiccups offshore. Perhaps the Taranaki Basin is becoming the new Gulf of Mexico. That's global warming for you haaa.
Your wise old Uncle Paper Tiger here
Experience tells me that posters to this thread, and I see that there are some recent arrivals, may be getting carried a little carried away here.
Now I have a vested interest in Tui, Hector et al succeeding, but consider your timeframe the potential risks and the potential rewards and the probabilities of assorted outcomes.
With best wishes
Paper Tiger
PT, been waiting over 20 years for PPP to come good.Quote:
quote:Originally posted by Paper Tiger
Your wise old Uncle Paper Tiger here
Experience tells me that posters to this thread, and I see that there are some recent arrivals, may be getting carried a little carried away here.
Now I have a vested interest in Tui, Hector et al succeeding, but consider your timeframe the potential risks and the potential rewards and the probabilities of assorted outcomes.
With best wishes
Paper Tiger
M
You have my sympathy ;)Quote:
quote:Originally posted by the machine
PT, been waiting over 20 years for PPP to come good.
M