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Painted Pony Pete Ltd PDPYF

"Painted Pony Energy Ltd Petroleum explores, develops, and produces petroleum and natural gas. The company focuses on the development of natural gas and natural gas liquids. The company's operations take place near the Montney formation in Northeast British Columbia. The Montney location is a sweet natural gas-saturated zone (natural gas that does not contain hydrogen sulfide or significant quantities of carbon dioxide) with no associated or underlying water. The company also has multiple gas pr


OTCPK:PDPYF - Post by User

Bullboard Posts
Post by shambano1on Feb 24, 2016 10:12am
112 Views
Post# 24588874

Petronas decision??

Petronas decision??I don’t know enough about LNG and Petronas but how much will PPY appreciate if they make a positive final investment decision?

what are we talking here?

 0.10-0.50 per share increase?

0.50 to 1.00 per increase

or more?

and the reverse if decision is a big fat NO

just playing with some numbers here.

 right now it looks like (to me at least) higher reward than the risk if positive or negative decision because NG prices will go up down the road and PPY doesn’t need LNG but if it’s a positive decision it will add more demand and in theory higher prices which won’t hurt CF.

now turn that logic into a buy price??

Harder than it looks  and then see if the market is thinking the same way as you?

gltra
 
Bullboard Posts