im not sure if this has been mentioned yet...perhaps the gas discovery has shaded Namibia a bit, but Chariots well was a duster
http://www.guardian.co.uk/business/marketforceslive/2012/sep/10/chariot-oil-gas-namibia-dry-well?newsfeed=true
Tullow seemed very dissapointed, after all, they wanted oil and didnt get it
Gas for PCL is still a positive result but like has been said...mbawa in isolation is not commercial
i think the market built into the SP a dash of hope for the deeper targets, so i think a re trace tomorrow is on the cards, but not substantial....16-19c I think is reasonable until they drill the next well......perhaps mbawa south
im not sure if this has been mentioned yet...perhaps the gas...
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Last
1.2¢ |
Change
0.001(9.09%) |
Mkt cap ! $89.51M | |||
| Open | High | Low | Value | Volume |
| 1.2¢ | 1.2¢ | 1.2¢ | $32.05K | 2.671M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 21 | 9592408 | 1.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.2¢ | 5095332 | 7 |
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| Last trade - 10.00am 14/07/2025 (20 minute delay) ? |
| PCL (ASX) Chart |