I'll think you'll find most it was the manner in which...

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Billja

558 Posts.

98

30/05/25

18:16

Post #: 79257294
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Originally posted by nammuldi: ↑

yep agree on all fronts - been in PCL many times over last 20years. Did well out of NWE. Many complain about NWE exit of Perth Basin - all unrealistic - could never go to prod too small a Co and look what happened since - pretty good job by Smith in the end.

pcl no different here - this is all about max potential of tenement from a position of apparent hopelessnees 5 years back at .001 - where even i did not invest but wish i had., and if prospects now come up with any goods - maximise exit - pcl in prod - off with the fairies stuff.

both pcl and NWE will/would never have the balance sheet to move to prod and anyway in both cases still light years away even if they wished too.

there is only one play here and that is big JV partner and drill - you take your exit where u see fit

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I'll think you'll find most it was the manner in which NWE mgmt. rolled over for a marginal improvement in the offer after unanimously recommending SHs reject initially, that left the sour taste.

PCL Price at posting: 1.1¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 1.0¢		Change -0.001(9.09%)		Mkt cap ! $81.36M

Open	High	Low	Value	Volume
1.0¢	1.1¢	1.0¢	$7.341K	725.4K

Buyers (Bids)

No.	Vol.	Price($)
9	11022842	1.0¢

Sellers (Offers)

Price($)	Vol.	No.
1.1¢	4422144	8

View Market Depth

No.	Vol.	Price($)
9	11022842	0.010
24	7877723	0.009
20	5702862	0.008
9	3009691	0.007
6	11048332	0.006

Price($)	Vol.	No.
0.011	4422144	8
0.012	7100615	14
0.013	3761243	9
0.014	2326227	7
0.015	1571302	6

Last trade - 10.10am 16/06/2025 (20 minute delay)

PCL (ASX) Chart

I'll think you'll find most it was the manner in which...

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