This truely is a great announcement for PCL and its shareholders.
We now know that the licence is formally ours, negations for a farmout are taking place and we are getting closer to formalising a deal. Although this may take sometime yet..
I work for an ASX50 listed company and from my experience the longest part of any contract negotiation is going through the legal process.
Knowing that helps me to understand that these things take time.
Ann: Namibian Ministry Sign Off On PEL 87 Licence Extension, page-22
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Mkt cap ! $186.7M | |||
| Open | High | Low | Value | Volume |
| 2.3¢ | 2.4¢ | 2.3¢ | $102.8K | 4.467M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 25 | 6852187 | 2.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.4¢ | 10031485 | 10 |
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| Last trade - 16.10pm 07/06/2024 (20 minute delay) ? |
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| Open | High | Low | Volume | ||
| 2.3¢ | 2.4¢ | 2.3¢ | 4871878 | ||
| Last updated 15.57pm 07/06/2024 ? | |||||
| PCL (ASX) Chart |