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2.3¢ pancontinental energy nl

This is where you could apply the Euroz valuation….Id be happy...

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Boom69

163 Posts.

97

20/02/24

10:35

Post #: 72495502
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Originally posted by Pottermore: ↑

I think that you should consider 35% of the 12 Billion .... but it all hinges on the thickness of the reservoir as you can imagine.
That will give us between 4 and 5 Billion Barrels total and we have 20% of that so somewhere around 1 Billion Barrels of Oil for PCL under my very rough calculations.
Those put forward by V10 are most likely more accurate and should be considered respectfully ..... but I like to dream about a bigger prize.
Sh1ne calculated 12.5cents per share per Billion Barrels (I'm not sure whether that is Billion Barrels PCL share or Billion Barrels total) but that is still many bags from where the share price is now.

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This is where you could apply the Euroz valuation….Id be happy with that!

PCL Price at posting: 2.0¢ Sentiment: Buy Disclosure: Held
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Last 2.3¢		Change 0.000(0.00%)		Mkt cap ! $186.7M

Open	High	Low	Value	Volume
0.0¢	0.0¢	0.0¢	$0	0

Buyers (Bids)

No.	Vol.	Price($)
2	52631	2.4¢

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Price($)	Vol.	No.
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No.	Vol.	Price($)
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26	11960402	0.023
21	5289589	0.022
9	7004479	0.021
9	9440000	0.020

Price($)	Vol.	No.
0.023	51737	1
0.024	656011	3
0.025	5230095	11
0.026	4017005	8
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