Haha - can't rush it (not that they are....lol). I'm sure there will be an update over next couple of weeks - primarily on the '...two subsurface technical studies remain in progress, with basin modelling and seismic inversion..' (from most recent quarterly). Mid year is typically the lull period on the exploration front - albiet apparently Rhino looking to drill again in late July (Volans 1x). Appreciate the frustration - but just as critical (imo) to be looking at the broader environment/developments/country/politics that little Pancon is operating in. Assuming we get a farm-in, and actually have hydrocarbons of a commercial nature - if Namibia as a country is 'ready' for the possible O&G industry they may soon have (people, processes, infrastructure, finance, etc), Pancons potential value could be far higher (IMO). A situation of right time, right place (maybe) - if we get that farm-in.
PCL Price at posting:
1.1¢ Sentiment: Buy Disclosure: Held
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