Australia's largest stock trading and investment forum Australia's #1 stock forum

PCL

Click for more information

11.8%

1.9¢ pancontinental energy nl

based on this definition example the licence may have been...

First 4906 Last

Share
Profile

Follow
Cornhulio

1,375 Posts.

548

01/08/24

15:22

Post #: 75029178
Share

Originally posted by phx: ↑

Like you, I find WDS involvement in the last conference in the region and now this one as a very strong, positive, indication of their intent for PEL87.
Also, as you said, it gives them a good opportunity to build their own relationships in Namibia, helped by the PCL old boys
From the few indications of the analysis of the 3D, WDS may be working in the background to secure a rig.
Q1 or Q2 2025 for drilling does not worry me, I just want some news now to start sending the share price north.
Once we get past this seismic license, I think we will start getting a lot more info re the 3D and WDS position on their option.
I do not know, but it's possible that without the seismic license PCL and WDS are limited in what they can publicly release about its interpretation.
I'm still a bit unclear on what the seismic license does as we have already done the 3D.
Sitting at 1.7c is very disappointing. I thought the price would have come back to 2.1 / 2.2 by now.

Expand

based on this definition example the licence may have been initiated by WDS as the purchaser

https://www.lawinsider.com/dictionary/seismic-licence
https://www.lawinsider.com/dictionary/seismic-licenses

PCL Price at posting: 1.9¢ Sentiment: None Disclosure: Held
Upvote

0 Great analysis

Reply

Top Stories

Second Christmas for 2024 coming to Kalgoorlie: Diggers & Dealers starts Monday

CPV

Clearvue shares up 15% as it inks deal to enter Middle East and Indian construction markets

KAI

Pilbara Minerals buys land off Kairos part of its York gold project for $20M – and a 2% royalty on any PLS gold sales

MND

Albemarle lithium downsize burns $200M hole in Monadelphous's pocket as latter's contracts terminated

CKA

Deal with Petrosea opens the door for Cokal's ramp-up plans in Indonesia

There are more pages in this discussion • 4 more messages in this thread...

First 4906 Last

Add PCL (ASX) to my watchlist

(20min delay)
Last 1.9¢		Change 0.002(11.8%)		Mkt cap ! $154.5M

Open	High	Low	Value	Volume
1.7¢	1.9¢	1.7¢	$381.8K	21.07M

Buyers (Bids)

No.	Vol.	Price($)
4	4000000	1.8¢

Sellers (Offers)

Price($)	Vol.	No.
1.9¢	1183183	2

View Market Depth

No.	Vol.	Price($)
4	4000000	0.018
9	5563970	0.017
27	15506019	0.016
24	14201048	0.015
13	2456094	0.014

Price($)	Vol.	No.
0.019	1183183	2
0.020	3499448	11
0.021	7150000	7
0.022	3445426	7
0.023	876672	4

Last trade - 16.10pm 01/08/2024 (20 minute delay)

PCL (ASX) Chart