So long as things progress towards drilling it's hard to argue with that (bar some ups and downs around profit taking events). PCL got up to $230M pre-spud on Mbawa. I wouldn't count on it getting close to that this time around (also at least part of that was a serious amount of cash on hand) as there are a lot of different variables at play, but it still shows there could be easy multiples from here before a drill is in the ground.
PCL - A lot of oil!, page-32
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1.5¢ |
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Mkt cap ! $121.9M | |||
| Open | High | Low | Value | Volume |
| 1.6¢ | 1.7¢ | 1.4¢ | $460.3K | 30.50M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 1775650 | 1.4¢ |
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| Price($) | Vol. | No. |
|---|---|---|
| 1.5¢ | 2215266 | 7 |
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