PCL 5.56% 1.7¢ pancontinental energy nl

Dot point 4 (confirm terms)5 (legality of the deal foreign and...

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    Dot point 4 (confirm terms)
    5 (legality of the deal foreign and domestic as we are dealing with foreign companys)
    and 6 ( release when the other companys board/ farm in partner deam it ready to release)
    i dont 100% dissagree
    you mentioned the current seller on the market at venus 20% for 2b
    they possibly have up to 13bbl emphasis on possible not proven
    but at this time its only 3bbl or there abouts
    pcl estimate 1.3bbl
    prospect can change in a heart beat
    if proven with farm in 2d or 3d and a well we go to the 1b mark,
    this can fly high yes its a gamble but we are playing pennys no point treating it like rio or wooside or dutch shell.
    if you dont want to play pennys then dont
 
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