PCL pancontinental energy nl

General Thoughts, page-1767

  1. 90 Posts.
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    What they did not say is WDS will take the full 180 days and will be making a decision in June 24, they said that's the latest. The depth data is due next month according to Ian. If you take it as data delivery, not analysis, the 6 months technically starts December which means 6 months would be May 2024. Personally I believe that they wont take the full six months so we could be seeing a drill rig on site sooner than PCL are letting on. Anyway its not PCLs decision its WDS and as someone mentioned earlier it could well be this is a lot further along with the planning for that than retail investors think. I think Jibbybagger (jibby means extreme abundance?) has a good point too, delaying the first drill until the 2nd half of 2024 or even 2025 as Rooey has suggested would not go down well with the Namibian government. I just cannot see WDS waiting the full 180 days either, they will want to get on with the process to confirm the resource they have which potentially could dwarf venus. Words matter so make sure you understand what you hear as well as read please
 
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Mkt cap ! $97.63M
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