RE: PPP21 Nov 2024 11:12
Gregorio, Bobrad & Tuan. The three troublemakers, disrupters, derampers (there are more) but they are the main ones here...
You have to ask yourselves why? Why do they want to deramp so badly? Is it because they are shorts that never closed their positions? Are they people that missed the boat and now want in cheaper? MM's desperate for shares? Well my guess is at least one of those. This was the most or one of the most highly watched and spoken about share of the summer.
If PPP come back with good news we will easily see north of 30p per share here. 100m shares in issue is no joke, even 110m shares with the extra shares added on for the ii... Lets not forget the telegram group have been sharing email responses from the CEO and Stephen Lunn, communication is going to get much better going forward as they reposition the company.
What does this mean? Well, we know there are rigs onsite, we know we are waiting for at least one more rig to arrive, the 30 year SPV deal, HOT's that was signed and done, 250,000 gas and lithium acreage, 2036 acres for Oil AMI, to reposition a company means changing up the company to when a company changes the brand's status in the marketplace. This typically includes changes to the marketing mix, the product, place, price and promotion. Repositioning is done to keep up with consumer wants and needs.
Something is going on here guys. Something good IMO. I still think there is some interest in a spin off for the gas and lithium, perhaps a third party investor / Texas authority want in, or as we know USA government have been granting funding companies like PPP for homegrown lithium, oil and gas.
Watch this space.