look at this paragraph mentioned in today’s Ann report.....
In the short term, I note with considerable enthusiasm that drilling is apparently still planned in the coming months on-trend to at least one of Pancontinental’s offshore Namibian projects.In summary, I can advise that Pancontinental has taken measures to see it through these extraordinary times and is already taking the first steps towards preparing for better times
Like what i said, oil prices and coronavirus will have an some sort of impact in the sector including PCL. However if you read the final few paragraphs in today’s Ann report as posted above it does mention Namibia projects are still in progress and continuing......
I guess Sam was right in regards of staffing. Great to see directors and staff taking are taking a cut!
All in all we are in a great position now
You can now all see the company’s motivate!
Ann: Pancontinental's Response to COVID-19, page-4
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Last
1.4¢ |
Change
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Mkt cap ! $113.8M | |||
| Open | High | Low | Value | Volume |
| 1.5¢ | 1.5¢ | 1.4¢ | $633.6K | 44.62M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 14 | 9878918 | 1.4¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.5¢ | 18735192 | 7 |
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| Last trade - 16.10pm 09/08/2024 (20 minute delay) ? |
| PCL (ASX) Chart |