PPP future potential & growth is HUGE9 Aug 2024 09:04
I think the last time suspension for accounts was 2-3 months but I don't think they'll let it be that long. Couple of weeks max this time. Tom and every investor wants to see these back in action and Re-Rating to where they deserve and belong after that fantastic contract and deal. Plus things can really only get better as that lithium JV will be absolutely huge if Tom plays his cards right, if we supply our lithium to Tesla or one of the other big companies in Texas and global just drill the ass off every well, we will be at 100m MCAP in no time, with sheer investment expansion and sentiment and new investors getting on board. There should be very good times ahead for PPP.
Our potential is absolutely huge and global are experts in our region, they will use the latest tech to get every barrell of oil out of every well. We are witnessing a small company from explorer minnow into a good sized exploration and PRODUCER. WE ARE NOW OFFICIALLY A PRODUCER.
we have no debt thanks to this deal, we have 12% royalties on all existing wells for 30 years! We have 10% on any new wells, well there's prospect upto 40 wells have been located for future drilling by global/Nobel so that is very big. Then add on top this lithium deal. The lithium deal is absolutely huge to us. 50% JV! The AMI is huge, I honestly mean this when I say this, no ramping, if the right amount of lithium, oil & gas revenues come out way (which they will I'm sure of it) then PPP will be a 150-250m MCAP company quite easily. Do the figures, look at our potential and look at the low numbers of shares float.
Sometimes you come across these companies and opportunities but they don't come up often. On re-listing day back to trading our company Re-Rate should site somewhere between 30-60m mcap on current assets, deal and future potential, then with every milestone it should add nicely to our SP and MCAP.
It's good to be part of PPP in the making. Remember EUA re rated from 3.8p to 18p on their re - rate out of suspension, they had one billion plus shares in issue and not a great deal signed at the time, we have just 106m shares in issue and a fantastic deal signed with crazy expansion potential.... Hence I say 30-60m MCAP TO START. It would not surprise me if we hit 60p share price on week one of re-listing should we get our correct re rate price (there should be no reason why we shouldn't either)
There should be less mm games on the new market and big investors, they will push this beast up further. DYOR but this is going to be fantastic. Not long now until PPP are back in action as the new re-rated PPP as a production company.
IMO any new investors wanting in here, get in early if not you could miss a very big opportunity.
Goodluck all.
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