With market cap upward of 1.75b with 3.6b barrels, our shares would be > 22 cents US and around 30 cents Aussie.
If a drill cost around 40 mill, a raise of 8 mill would be required. Assuming PCL did a cap raise of 10 mill, thus dilutiom of 33 million shares. It doesnt seem like much at all with 8b soi.
dont know enough about this stuff but was not a holder at NWE or FAR so mystified re what could go wrong if we discovered billions of barrels on the free carry
With market cap upward of 1.75b with 3.6b barrels, our shares...
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Last
1.2¢ |
Change
0.002(20.0%) |
Mkt cap ! $97.63M | |||
| Open | High | Low | Value | Volume |
| 1.0¢ | 1.2¢ | 1.0¢ | $81.52K | 7.447M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 44042 | 1.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.2¢ | 6972636 | 12 |
View Market Depth
| Last trade - 15.59pm 27/06/2025 (20 minute delay) ? |
| PCL (ASX) Chart |