PCL 6.25% 1.7¢ pancontinental energy nl

General Thoughts, page-2840

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    I think we take what's been announced literally (and factor in a couple of reasonable assumptions) in terms of what to expect next week. That is:

    • commentary on recent exploration and appraisal activity within the Namibian Orange Basin (most notably Galp and Mopane);
    • update on the status of the Company's ongoing PEL 87 geological and geophysical interpretation (that final data has been received as "approximately two months' time" was predicted in the 19/01 ann); and
    • status of the agreement with WDS (given receipt of final data, long stop date has been established).

    If as gridder suggested the non-disclosure ceases at this point also (i.e. receipt of final data), then we can reasonably expect commentary on initial 3D results. This would likely be in a separate ann to the half yearly report and accounts which is also due this week. Therefore, expect a few bells showing up next to PCL over the coming week, hence the SP accumulation imo.

 
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