I dont see that as a realistic scenario
PCL would need the time to find someone, negotiate and seek approvals for a sell down to another party
Woodside would obviously not like to see this happen in place of them receiving the 10%. Woodside would also be operator at this phase and would likely accelerate timeline for the 2nd drill to force PCL to hand the 10% to them, take the royalty option or force PCL to find the cash which under an accelerated timeline would need to be debt / CR
what's true value ?, page-68
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Last
1.6¢ |
Change
-0.001(3.13%) |
Mkt cap ! $126.0M | |||
| Open | High | Low | Value | Volume |
| 1.6¢ | 1.6¢ | 1.5¢ | $23.24K | 1.476M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 35 | 11022818 | 1.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.6¢ | 1682613 | 8 |
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| Last trade - 13.56pm 08/10/2024 (20 minute delay) ? |
| PCL (ASX) Chart |