It would give them time. I would assume the MC would be higher and a CR for a second well less of a dilution. Don't know how their current contract is written and whether we retain or lose the option of royalties by doing so, but I'm ok with them attempting it provided they have sounded out prospective buyers beforehand.
Ann: Completion of PEL 87 3D Seismic Program, page-49
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Last
1.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $121.9M | |||
| Open | High | Low | Value | Volume |
| 1.5¢ | 1.5¢ | 1.5¢ | $18.44K | 1.229M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 23 | 9388668 | 1.4¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.5¢ | 225001 | 2 |
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| Last trade - 10.13am 15/10/2024 (20 minute delay) ? |
| PCL (ASX) Chart |