RE:RE:RE:RE:PTA currently trades 1 times its 2015 EBITDA...So, let's see. The bears' side first: 1.Perdica and miner are pathetic pumpers.(Are they the CEO and the CFO of PTA? or just two posters? this is a reason not to buy?) ......... 2.Stock price dropped from 0.42 (they use the maximum price) to 0.15. (but in this case they forget that oil price dropped too along with the whole sector...just bad memory?)................................ So, let's put leave aside the "arguments" about "perds" and read again what I have wrote, after many days without posting here:..........................."When PTA received $94/bbl (Brent) in Q3 2014, the operating net back was $46/bbl... Assuming PTA receives $75/bbl (average price for Brent) in Q4 2014, the operating netback will remain very healthy and will be approximately $25-$30/bbl in Q4 2014, given also that PTA (and VETRA) uses the Ecuador route to reduce its transportation costs and carry its Putumayo oil. This is why, PTA's cash jumped from US$63 million in September 2014 to US$70 million on 24th November according to the AGM. Based on Brent at $75/bbl for the entire 2015, PTA will make 2015 EBITDA at US$100 million, so it currently trades just 1 times its 2015 EBITDA. It cannot get any cheaper while having a strong balance sheet with zero Net Debt. So, let's see how Brent price will go... I bought 90,000 shares today".......................I think is more than obvious that I referred to BRENT PRICE of $75/bbl AVERAGE for 2015 and NOT $100/bbl as Shlinker wrote, believing that you will not read my first message and you will be easily misled.