PCL 6.25% 1.5¢ pancontinental energy nl

They must have pulled out Walyering from Bombora or the US...

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  1. 4,810 Posts.
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    They must have pulled out Walyering from Bombora or the US assets were in a separate US subsidiary company  .
    They clearly own the Walyering farm in as indicated by the quarterly activities report .
    However they have indicated that the 3D seismic and any drilling will be in 2019 and so does not explain the big bite out of their cash in this quarter .
    What are they spending more than half their available cash on in this quarter ?
    gltah
 
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