PCL pancontinental energy nl

Thanks for sharing this Jib and boom. It's interesting they have...

  1. 5,293 Posts.
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    Thanks for sharing this Jib and boom. It's interesting they have dropped their price target to 0.028 - based on '..uncertainty in the funding and timeline of the drilling..'. I don't imagine it will be difficult to secure another farm-in - but I could be wrong (I wonder what they will do, if we secure a similar farm-in deal; do they lift it again?). Also, after correspondance (last 24 hours) with Sintana, I am led to believe additional timeframe extentions with MME Namibia will not be a problem (in the instance we can't swing a farm-in by June/July, and prep for a drill late Q4FY25). Anyway, baby steps.

    Also, regarding Euroz - these guys typically don't lose. Make no mistake, they had been largely 'net sellers' over the last 6 months. I'd expect if you watch broker data carefully in the next few weeks, if they start buying again, we are on. Also - any farm-in deal that occurs, Pancon will want to secure a cash componant (for general admin to keep the lights on, etc). Else, Euroz will be the ones lurking in the background, and only to happy to help with funds (if the price is right), and the saga continues.
 
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(20min delay)
Last
1.2¢
Change
0.002(15.0%)
Mkt cap ! $93.57M
Open High Low Value Volume
1.1¢ 1.2¢ 1.0¢ $103K 9.521M

Buyers (Bids)

No. Vol. Price($)
2 884415 1.1¢
 

Sellers (Offers)

Price($) Vol. No.
1.2¢ 6911103 13
View Market Depth
Last trade - 15.55pm 17/06/2025 (20 minute delay) ?
PCL (ASX) Chart
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