Hey Team - do we know if Pancon attended either of the recent London/Paris Energy conferences? Figured I'd ask here, before reaching out direct. Thanks.
Regarding options - interesting precedent with BPH (was clearly a divided vote given the %'s of holders). Obiously the closer we get we have time-decay of the options at play - but time will tell. The extra cash in the bank would be a 'nice to have' for Pancon, but certainly not necessary - as long as they acheive a suitable farm-in. Lots of minnow activity in the basin with GGE, SUPR, GEO (and others) all expanding their footprint in the region - given our proximity to major discoveries, and existing 3D seismic, I imagine we are in good stead. It's just going to require more patience. SP in a holding pattern, waiting for moving averages to catchup with recent push; next move is going to require some direct fundementals (IMO).
PCL Price at posting:
1.2¢ Sentiment: Buy Disclosure: Held
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