If it goes pear shaped and I lose my capital, my life goes on. I...

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Hittman

3,766 Posts.

347

29/01/25

20:22

Post #: 77611329
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Originally posted by scorby ↑

I came across PCL doing research on W.A gas fields (STX, TPD, KEY etc etc) and looked at who found the prospective tenement and then let it go, which was PCL, and this tenement in W.A was then drilled and is now a producer, but then this mob make some wild statements about the prospective potential of offshore Namibia and had put all its eggs in this 1 basket, (I felt they had a good nose for smelling oil, just bad at getting to the extraction end of town) which got me intrigued. The rest is history

Has the 3D analysis taken way too long - Yes
Has the lack of forthcoming formal information been concerning - Yes
Has the likes of Oldgeo and others data analysis been a share price savior - Yes
Is it coincidence, luck or mischievously brilliant that we have these clearly educated oil and gas people feeding us informal public information that the rest of us retailer mugs have been clinging onto in the hope that we get multiples on our investment... The pessimist in me says if it goes bad they rode our ignorance and fade away into oblivion never to post again, yet the optimist in me says "I hope to give them a nice bottle of red at a 10-50 cents party"
I have resigned myself to 'go with the flow', I have left my balls on the table and will soon find out whether they fill to the brim, or I lose them altogether.
Hitmann I can see just how emotionally invested (and probably financially too) you are not alone, we are now literally a couple of months away at worst of finding out whether to pop the champagne or pop ourselves (figuratively)

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If it goes pear shaped and I lose my capital, my life goes on. I don't invest at the spec end more than I am willing to lose.

Having bought at 10.5 cents and as low as .004 cent, my average is 1.2 cents so I'm in front

I was looking for 20 cents and exiting.. Like everyone else, I'm hoping for a successful first drill.

I will seriously consider exiting at 10 cents... Will look at the circumstances and situation at the time if we get there.

PCL Price at posting: 1.5¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 1.1¢		Change -0.001(4.55%)		Mkt cap ! $85.43M

Open	High	Low	Value	Volume
1.1¢	1.1¢	1.1¢	$59	5.524K

Buyers (Bids)

No.	Vol.	Price($)
25	19264637	1.0¢

Sellers (Offers)

Price($)	Vol.	No.
1.1¢	4823005	6

View Market Depth

No.	Vol.	Price($)
25	19264637	0.010
17	9070802	0.009
19	5232862	0.008
6	2359691	0.007
6	11048332	0.006

Price($)	Vol.	No.
0.011	4823005	6
0.012	3682948	10
0.013	3508507	6
0.014	2408742	5
0.015	1200000	4

Last trade - 10.31am 26/06/2025 (20 minute delay)

PCL (ASX) Chart

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