PCL 6.25% 1.7¢ pancontinental energy nl

Ann: Woodside Enters Into Exclusive Option on Namibia PEL 87, page-108

  1. 5,725 Posts.
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    I believe the poster who mentioned it said something about the source coming from someone within that seismic fleet or company. It did prick my ears as FAR holders got whispers of something big during their Senegal drill from someone who knew a rig operator. Leaks happen despite contracts for secrecy (not that this caused any real impact to the SP)

    From this point onwards I'm expecting the price to slowly drift up until drill frenzy. I'm also expecting some games and fluctuations amongst traders. Holders will simply hold until they get a price they are happy with.

    One note for those buying now to relinquish more than 12 months later (for our bountiful profits) There should be a CGT discount assuming you don't already have losses to offset (but consult a tax accountant for your individual circumstances).

    Good luck whatever you do
 
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