PCL 5.56% 1.7¢ pancontinental energy nl

General Thoughts, page-2385

  1. 3,843 Posts.
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    Interesting research note:

    "Assuming a similar unrisked value at the other blocks (assuming success) would lead to an unrisked value of Sintana's 4.9% interest in each of PEL90 and PEL83 at US$250m...and of Sintana's 7.3% interest in PEL87 at US$365m..."

    So, if a 7.3% interest in PEL87 is US$365m, then a 20% interest (what PCL will hold post farm-in), is US$1b or AUD$1.5b. Our current market cap is around $175m.

    https://hotcopper.com.au/data/attachments/5928/5928870-51a6275b25d390974cc465f8796afb39.jpg
    Last edited by jibbybagger: 01/02/24
 
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