So as not to be confused .....
Per 1 Billion Barrels of discovery ..... if the valuation of the Oil in the ground is US$5 then the value of the 1 Billion Barrels is US$5 Billion ..... divide US$5 Billion by the PCL shares on issue which is 8,624,135,851 including all the outstanding options currently on issue as per the announcement on Tuesday 13 of August 2024 .... equals US57.9768 cents per share .... If the productive yield is 20% then this values each PCL share at US12.5cents.
The figure will go down depending on the value attributed to the Oil in ground figure.
So as not to be confused .....Per 1 Billion Barrels of discovery...
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Last
1.1¢ |
Change
0.000(0.00%) |
Mkt cap ! $89.50M | |||
| Open | High | Low | Value | Volume |
| 1.1¢ | 1.1¢ | 1.1¢ | $4.434K | 403.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 11 | 2589134 | 1.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.2¢ | 2764387 | 8 |
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| Last trade - 15.59pm 20/06/2025 (20 minute delay) ? |
| PCL (ASX) Chart |