PPP - The Oil, The Gas & The Lithium 📈🚀📈🚀📈🚀2 Aug 2024 07:10
Morning Everyone, shareholder or not. I hope you are all well!
So yesterday was an eventful day. I have been looking into this and we have 2500 acres approx of oil bearing land with existing producing wells (immediate revenue) as well as RNS stating we have mobilised a rig to start drilling early August, so plenty of news to look forward to soon.
So our 50% JV lithium deal, look at the RNS and it states the companies based there who are lithium producers. I think PPP are looking to expand the lithium arm quite exponentially. We could be sat on hundreds or billions worth of lithium over the course of a given amount of time!
Not just Tesla, but they are based there and they need want to get their lithium locally sourced rather than from china and why not, Elon is a big investor in local businesses and it is making sense to me that Tom the CEO is going immediately over to Texas to get the ball rolling with the lithium side JV. I genuinely believe they may have already been approached by one of these lithium companies (Tesla included) hence the rapid action on lithium. It's actually a bit nuts tbh, 10m MCAP 106000 shares in issue with potential not only the Oil & Gas (which we have 30 years!!! Of free royalties on) we have all the new oil that will come from the new wells too, then the lithium side, before you know it money will be potentially coming in from all angles.
Since reading the RNS I'm quite confident (my opinion) that our lithium side will potentially be a company maker for PPP.
When this re-lists forget 6p, forget your 15p, if sell under 30p your probably a bit deranged. With our 106m shares in issue and scramble to buy these once market re opens this could be pushed up to 60,70,80p just on our existing plays with sentiment then factor in any lithium and EXTRA NEW WELLS DRILLED WITH MORE OIL, we could potentially be sitting on a MCAP of 100-200m
If You as a shareholder can resist the urge to hold, even half or whatever I think these shares will be bought up and MM's will need to raise the price in order to entice selling, but it's like RRR, they were at 9-10p per share and at the time also had low shares in issue, it took them to 400P per share £4!!! That took 18months....
I may have stumbled across something quite incredible here.
It's who is able to sit and hold will be the winner in the end.