- The company estimates a minimum economic field size would be 200 million barrels recoverable oil at the Graff location
nah it’s still worth a 110 million dollar EV for a multi TCF resource with a 3 billion dollar offtake agreement signed off in next 3 months on a commercial flow that the CEO has stated already it will flow.
Apparently PCL is a 200 million dollar market cap on apparently a drill that’s 6 months away and not de risked and own 20 percent of what PCL have “estimated the PE87 to contain 200 million barrels of oil”. So you will own 40 million barrels and your worth close to double IVZ on a multi TCF de risked discovery
This is all easy money for IVZ and absolute joke of a share price
