Ann: PCL attracts partner in Namibia sub for US $7.7m in 2 stages, page-6

Which is pretty much what Hartley's were saying in their research paper, a copy of which is on the PCL website. Current value only reflects the oil plays in Africa... the Bombora assets are upside, and could be significantly so if the next month plays out well. So, we wait. Regardless, there's still Tulainyo and Alvares to come and don't overlook the Perth basin either; it's probably at the back of the queue now but has some real potential and is ground JB and Marie Malaxos know very well. Number of shares notwithstanding there's a lot to like if you look at the assets. Attention has been heaped on SGC and, to a lesser extent XST, but PCL is more diversified and arguably has a more flexible path forward since the Bombora entry.