PEL44 - in the Walvis basin between us & Chariot's block
http://www.azinam.com/our-assets/<br><br>Exxon have already farmed-in to Galps block adjacent to PCL's block.
On the CR speculation - PCL will now be able to raise at around .0075 cents
Probably Hartleys / Sophs - quick raise - I'm guessing within the next 2 weeks?
600 million at .0075 to raise $4.5 million would be a smart move.
If Cormorant comes in, we all win & a little dilution won't matter.
If it doesn't, then a cashed-up PCL can still trade at .002 - .003 & progress the southern block.
PCL's a survivor - plan for the worst, hope for the best!
I could be wrong though - just my 0.9 cents worth!
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Exxon in for more, page-2
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Last
1.9¢ |
Change
-0.002(9.52%) |
Mkt cap ! $154.5M | |||
| Open | High | Low | Value | Volume |
| 2.1¢ | 2.2¢ | 1.9¢ | $356.2K | 17.68M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 16 | 4579697 | 1.9¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.0¢ | 1541070 | 2 |
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| Last trade - 16.10pm 16/07/2024 (20 minute delay) ? |
| PCL (ASX) Chart |