Absolutly - on the front foot getting those environmental...

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Drswing

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30/04/25

14:49

Post #: 78862715
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Originally posted by kkw: ↑

This bit "pursuing a farm-out with a major that have deepwater operational capability with a commensurate balance sheet, and the Company is encouraged by the strong level of interest received from a combination of supermajors, large independents and national oil companies" suggest to me that they are in a position to pick and choose from more than one. A bit of a change from the WDS days.

And this bit "Wouldn't be commencing this if not confident of an upcoming farmout."
is a bit of a hint that a farm out is inevitable and discussion must be progressing.

Hopefully with more than one party so a bidding war could be in the works.

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Absolutly - on the front foot getting those environmental permits in motion is very good to see. We are looking in good shape. The 20bbl figure is also nice (albiet prospective). There is clearly lots happening behind the scenes. Patience.

PCL Price at posting: 0.8¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 1.2¢		Change 0.002(15.0%)		Mkt cap ! $93.57M

Open	High	Low	Value	Volume
1.1¢	1.2¢	1.0¢	$103K	9.521M

Buyers (Bids)

No.	Vol.	Price($)
2	884415	1.1¢

Sellers (Offers)

Price($)	Vol.	No.
1.2¢	6911103	13

View Market Depth

No.	Vol.	Price($)
1	4915	0.011
16	12313709	0.010
21	7587022	0.009
21	5502862	0.008
9	3009691	0.007

Price($)	Vol.	No.
0.012	6911103	13
0.013	3761243	9
0.014	2326227	7
0.015	1371302	5
0.016	2000000	1

Last trade - 15.55pm 17/06/2025 (20 minute delay)

PCL (ASX) Chart

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Absolutly - on the front foot getting those environmental...

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