Agree.
I’ll just like to add to your post. We are currently witnessing an increase of activities of late in Namibia.
Current/upcoming projects within the next 12-24 months in Namibia have increased which makes it extra exciting for the holders of PCL, the BIG players are interested in drilling in Namibia, hence higher chances of discovery in the region starting with Venus-1 one of the first wells due to spud others to follow suit!
I agree with your statement, we could see our PEL87 farmed out(if discovery of oil is discovered)as it could lead to higher demand in the region.
Things are heating up as mentioned in the quarterly report!
Bass
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Ann: Quarterly Activities Report, page-42
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4 | 6133333 | 0.010 |
Price($) | Vol. | No. |
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