PCL 0.00% 2.3¢ pancontinental energy nl

Couldn't agree more - Chariot's MC is only AUD$67 million & they...

  1. 2,179 Posts.
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    Couldn't agree more - Chariot's MC is only AUD$67 million & they still hold 65% of PEL71. Apparently looking for partners but surprised they haven't farmed-out earlier (to Exxon for example?)

    However with drilling & back costs etc.. required to farm-in, PCL don't seem to be in a position to do so right now.

    A 10% of PEL37 for 10% PEL71 straight swap for a bet each way? - just a thought!

    .
 
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