PCL 11.1% 1.6¢ pancontinental energy nl

Ann: Africa Energy Corp. Farms-In to Namibia PEL 37, page-3

  1. 114 Posts.
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    Wow, 10% for A$8.5M and PCL still has a 20% free-carried interest through ongoing exploration and expected drilling for PEL37.

    This is valuing the original 30% free-carried interest of PEL37 at A$25.5M alone and PCL's current market capital as (29 November 2016) is only at about A$8.6m!
 
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