PPP - Strong BUY14 Aug 2024 08:52
Castle T - Read post below - WE ARE COMING BACK WITH A BANG.
GoodMorning All
Another day closer! A Red Dot 🔴 can come at anytime. I'm expecting news flow during suspension, on the drilling and lithium, perhaps the RNS's will be released with the coming out of suspension RNS.
We have a lot to come, Lithium JV and planned drilling/expansion, Oil well drilling, again globals plan of action for expansion. There's a lot to look forward to.
IMO, we are due a very nice re rate due to the contract we signed all all that comes with it. There was 2 poll's on Telegram yesterday, most people hold between 100-300k shares and in the telegram group equated to about 10m shares alone. Not all participated!! There won't be many shares left when this re-lists I dare say NT to buy quite a lot?!
The other poll was what will the share price be re-rated to coming out of suspension on the bell, majority votes were 21-25p
I think if Tom releases the right news at the right time we will be on fire coming back from suspension. With such little shares & scramble to buy them / big buys and MM's will have little choice but to raise the share price to entice selling. Not many will sell until they have reached their fair market cap (30-40m) so approx 30-40p & dare I say it a lot with be buying in the dips / traders etc so our SP looks primed to rocket.
Fundamentals don't change, it's a fantastic deal we signed, 30 years of royalties with immediate revenues starting imminently, huge acerage that comes with the JV lithium deal, add on top Globalvision who will be drilling upto 30 wells using the latest tech / fishbone drilling to extract and double oil output or more (I read upto 10 x as much oil)
If we hold our shares, we shall be handsomely rewarded imo. The way PPP moves as well, 30-40m MCAP should be a no brainer, 50-60m MCAP will be a stronger resistance but if we break past 60p our next stop is over £1 (106m MCAP approx)
Ppp have the right partners and right geographical location to make this be a huge success. I'm very excited about where PPP are going & I'm not parting with my golden tickets until we see real fair value for our revenues and royalties and I want to see grow from here which they will do, quite rapidly imo.