PCL 4.76% 2.2¢ pancontinental energy nl

General Thoughts, page-120

  1. 446 Posts.
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    @Nateedog most of the usual posters on here have held this stock for a while and got in well below 0.01. If I had more spare funds I would have topped up as we all know now what is happening in the Orange Basin and our PEL based on the available data appear to show a Super Fan (possibly the biggest producer of all in the area). But only time will tell as we wait on the 3D to confirm the data, Woodside taking up their option and then of course the 1st drill to confirm the 3D data is right on the money.

    A lot more to play out so these prices are cheap IMO as when all the above comes off, like many stock s that go for a good run, you'll kick yourself for not taking on a pacel that suits your own risk appetite.

    DYOR

    Rooey
    Last edited by rooey: 31/07/23
 
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