‘40 billion barrels of oil’ isn't a slip but if we’re being realistic, it doesn’t mean anything to us so far...
”You may have a very large structure which could have the potential for 40 billion barrels of oil in place, but if you do not have a sufficiently large catchment of mature oil or gas source that can feed into that structure, then you shouldn’t be quoting such a large number.”
He just used it as an example… but it does show Iain’s pragmatic approach when he does provide a quote. A good signal of the level of preciseness at work. Those initial numbers will dictate the trajectory of PCL’s SP.
‘40 billion barrels of oil’ isn't a slip but if we’re being...
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Last
1.1¢ |
Change
0.001(4.76%) |
Mkt cap ! $89.50M | |||
| Open | High | Low | Value | Volume |
| 1.1¢ | 1.1¢ | 1.0¢ | $5.632K | 513.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 22 | 15144637 | 1.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.1¢ | 3593010 | 5 |
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| Last trade - 16.10pm 25/06/2025 (20 minute delay) ? |
| PCL (ASX) Chart |