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2.5¢ pancontinental energy nl

No Extension is required - They have approvals in place.Just...

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Luka79

31 Posts.

26

09/01/24

10:54

Post #: 71789346
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Originally posted by jibbybagger: ↑

I think there might be some confusion here as to what is required by 23 Jan. My understanding is as follows. From the ann on 26/10:

The first additional exploration period will run from 23 January 2024 to 22 January 2026, with an associated work commitment to drill one exploration well (or, if a drillable prospect is not identified, acquire either 500 km2 of 3D seismic data or 1,000 line kms of 2D seismic data).There is no mention in the above or within the Application Guidelines and Assessment Procedures mandating the arrangement of the drill at the time of application or by the commencement of the exploration period. Rather, it is simply a requirement that the drill occur prior to 22 Jan 2026. Therefore, I would envisage the imminent ann of the extension, followed by farm-in and drill ann at a later date. If both happen to be ann at the same time, that's a bonus.

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No Extension is required - They have approvals in place.

Just waiting on Data and WDS to exercise option (patience).

PCL Price at posting: 1.9¢ Sentiment: Hold Disclosure: Held
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(20min delay)
Last 2.5¢		Change 0.000(0.00%)		Mkt cap ! $202.9M

Open	High	Low	Value	Volume
2.4¢	2.5¢	2.4¢	$35.78K	1.442M

Buyers (Bids)

No.	Vol.	Price($)
10	4597674	2.4¢

Sellers (Offers)

Price($)	Vol.	No.
2.5¢	8965490	16

View Market Depth

No.	Vol.	Price($)
10	4597674	0.024
14	6203381	0.023
21	10943985	0.022
22	10255798	0.021
18	16375900	0.020

Price($)	Vol.	No.
0.025	8965490	16
0.026	5842463	6
0.027	11033553	14
0.028	6549506	16
0.029	4076908	8

Last trade - 11.02am 16/05/2024 (20 minute delay)


Last 2.4¢			Change 0.000 ( 0.00 %)
Open	High		Low	Volume
2.5¢	2.5¢		2.4¢	35977
Last updated 10.42am 16/05/2024 ?

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