PCL 0.00% 1.6¢ pancontinental energy nl

what's true value ?, page-28

  1. 11 Posts.
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    Is $1 that crazy? Id be thrilled with 20 cents. Can we get swept up in the excitement and indulge for a moment what has to happen to hit $1?

    "Saturn has been independently assessed to have multi-billion-barrel potential, as first reported
    by Pancontinental in September 2018." - from ASX release 6/3/2023.

    I've been working off a measly 1.5billion barrels from their previous ASX releases. Not multiple billions!

    Hoping and feeling like time really is on our side. Our boys have been nothing but tight lipped and conservative - are they underestimating 1.5billion barrels?

    Apologies for the lazy late post ill dig a bit deeper and see if I can do the workings when I'm fresh. Unless some kind soul already has worked out how and what conditions required to hit $1? As Kirs has said, the seismic and first drill would have to go our way the first time and the share price flows as fast as the oil?



 
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