PCL 0.00% 1.6¢ pancontinental energy nl

General Thoughts, page-326

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    200 million market cap and sold 80 percent interest for 30 million dollars. Hold on and wait don’t forget that Namibia takes 40 percent cut into that 20 percent so you’re left with 10 percent. So they find 200 million barrels of oil and you’re left with 20 million barrels at the end of it. Meaning you’re worth around 50 million market cap. But keep pumping
 
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