PCL 3.13% 1.6¢ pancontinental energy nl

pcl block l10a & l10b seismic commencing today, page-6

  1. 8,328 Posts.
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    30 cents gives us a market cap around $200 mill, Zin Zan.

    $200 mill would be chicken feed for Apache or Tullow or any major with $bill m/c's.

    But its supposition of course, spurred on by recent take over action for companies in a similar position.

    I do feel we are being watched closely though, there just aren't many sub $100 mill market caps companies with joint ventures with the big boys. Just a matter of time I feel.

    Would be a shame to see it go for such a low market cap because if we find commercial oil at Mbawa, we'll be over $500 mill market cap in a blink.

    Wasa, no problems for stepping on my toes, do it all the time myself.

    Regards to all holders,

    TCG







 
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