PCL 9.52% 2.3¢ pancontinental energy nl

Ann: Presentation to the General Meeting, page-72

  1. 160 Posts.
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    Polyh, I have been in PCL for a decade, so my my risk appetite different to most.

    To be honest, I see the honeymoon period as being firstly the run-up to first drill, hopefully in the most impactful location. Secondly in the event of promising / safe / on-time / good reservoir / oil shows. Prior to results being known, I can see share price appreciating into the 3-4c range = honeymoon.

    I realise plenty on here will be far more bullish on share price potential. If that's the case, please buy more shares!

    I have waited this long so would probably not sell out before 1st well results are properly explained. But likely then exit prior to the shi@#-show commencement.

    good luck all, aggott
 
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