re: Ann: Namibia-Mean Prospective Resource Es... IMO the main danger to PCL is a cheap takeover. The drill by HRT de-risked our lease significantly. The oil generating rocks are there and it's only a matter of time to a commercial oil strike in the area.I have both FAR and PCL and the result reminds me of the early Hardman results and we know what happened there. Patience is all that is required. FAR is dependent on their Senegal well to be drilled by Cairn Energy and if positive it will be in the same position. The West coast might produce the required results for both FAR and PCL.The Kenya areas could be the bonus!!
Ann: Namibia-Mean Prospective Resource Estimate 8, page-12
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Mkt cap ! $113.8M | |||
| Open | High | Low | Value | Volume |
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