The important part of this story is, IMHO,
"The shake-up coincides with heightened scrutiny of Namibia’s resource contracts. In 2023, civil society groups criticized terms favouring international firms, urging renegotiation to secure larger state stakes. While the government has denied plans to revise existing agreements, the absence of a dedicated oil ministry fuels speculation that Windhoek may seek tighter control over future deals. "
This is important because it should give confidence to any potential partner to PCL that we already have an existing agreement and the percentage of the state owned share is already established.
The important part of this story is, IMHO,"The shake-up...
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Last
1.1¢ |
Change
-0.001(4.35%) |
Mkt cap ! $89.50M | |||
| Open | High | Low | Value | Volume |
| 1.2¢ | 1.2¢ | 1.1¢ | $104.9K | 8.911M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 3233305 | 1.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.2¢ | 2339384 | 8 |
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| Last trade - 16.10pm 18/06/2025 (20 minute delay) ? |
| PCL (ASX) Chart |