PCL 0.00% 2.1¢ pancontinental energy nl

Ann: Woodside Enters Into Exclusive Option on Namibia PEL 87, page-163

  1. 5,317 Posts.
    lightbulb Created with Sketch. 318
    Current MC, $84M.
    If 3D comes back positive, then Woodside drill and they hit black gold, then another 10% of PCL they drill another hole.
    What's is the drill cost?
    $200M?
    Potentially we might end up with 10% of billions of dollars.
    Seems undervalued atm.
    AIMHO
    DYOR
 
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