Whether sooner or later, if you are consiering selling, just make sure you understand the magnitude of potential here. Should we make a discovery, for every billion barrels we uncover, PCL's share price will value at around 12.5 cents. Thats at $5 per barrel. If 2d estimates are already in excess of 10 billion and 3d concludie the same, well ill let you do the math.
i do enjoy speculating but if reserves are close to accurate, the rest is math.
1 bill barrels x $5 = 5 bill x 20% = 1 bill ÷ 8 bill shares = 12.5 cents
happy to be corrected
Whether sooner or later, if you are consiering selling, just...
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2.3¢ |
Change
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Mkt cap ! $187.0M | |||
| Open | High | Low | Value | Volume |
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| No. | Vol. | Price($) |
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| 5 | 284453 | 2.2¢ |
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| Price($) | Vol. | No. |
|---|---|---|
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