Perhaps Woodside need to formalize some projects outside of Australia where this kind of nonsense doesn't occur ?
WDS shareholders don't like it thats for sure, however maybe they will like WDS opening up a massive play in the Namibian basin?
https://jamesmacpherson.substack.com/p/spirit-whales-hold-up-australias?utm_source=post-email-title&publication_id=818792&post_id=141264531&utm_campaign=email-post-title&isFreemail=true&r=2n5w9e&triedRedirect=true
In line with their 'disciplined capital allocation plan PEL87 would need to provide a IRR of 15% or greater within 5 years. When they farm-in we know WDS believe that that PEL87 meets this criteria.
Expecting some positive news next month on a farm-in announcement and a rig booking BEFORE the Africa Energy Conference in London in May 2024.
I pinched this from another thread but my feeling is PCL shareholders are positioned exactly in the right place at "take Off' in the Stealth Phase'.
The next few weeks will confirm that.
Once the farm-in announcement is out, the work Iain Smith has done selling PCL to SI's will payoff and the SP will rise accordingly.
- Forums
- ASX - By Stock
- General Thoughts
Perhaps Woodside need to formalize some projects outside of...
-
-
- There are more pages in this discussion • 2,893 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
LU7
Discover the strong preliminary feasibility of the Bécancour Lithium Refinery, showcasing resilience in a low pricing environment and a strategic plan to capitalize on future price recoveries
Add PCL (ASX) to my watchlist
(20min delay)
|
|||||
Last
1.5¢ |
Change
-0.001(6.25%) |
Mkt cap ! $121.9M |
Open | High | Low | Value | Volume |
1.5¢ | 1.6¢ | 1.5¢ | $35.61K | 2.328M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
25 | 8102178 | 1.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.6¢ | 2723420 | 6 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
25 | 8102178 | 0.015 |
13 | 8020187 | 0.014 |
16 | 4244514 | 0.013 |
8 | 5891666 | 0.012 |
8 | 2422544 | 0.011 |
Price($) | Vol. | No. |
---|---|---|
0.016 | 2555624 | 5 |
0.017 | 5641435 | 8 |
0.018 | 7387008 | 8 |
0.019 | 3544773 | 6 |
0.020 | 1847224 | 7 |
Last trade - 16.10pm 04/10/2024 (20 minute delay) ? |
Featured News
PCL (ASX) Chart |