Nasty big sells by seemingly lazy brokers or insto's ultimately killed momentum too early in the day. Importantly, PCL is somewhat de-risked for now, cashed up and likely 3D seismic results will firm up COS in a region which already boasts an impressive success rate compared to traditional oil and gas exploration plays.
With up to 11 wells to be drilled by industry players offshore Namibia this year, further drilling success by Shell, Total or possibly Chevron could add fuel to the fire.
See you in the buy stack.
DYOR
Ann: Woodside Enters Into Exclusive Option on Namibia PEL 87, page-110
-
- There are more pages in this discussion • 79 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add PCL (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
1.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $121.9M | |||
| Open | High | Low | Value | Volume |
| 1.5¢ | 1.5¢ | 1.5¢ | $6.874K | 458.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 11 | 4734402 | 1.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.6¢ | 3288139 | 10 |
View Market Depth
| Last trade - 15.57pm 13/09/2024 (20 minute delay) ? |
| PCL (ASX) Chart |