PCL 3.33% 1.6¢ pancontinental energy nl

namibia article, page-16

  1. 96 Posts.
    Hi Wasa,

    it is very possible we see a drilling date announcement very shortly. I've seen with other "oilstocks" a drill date announcement can be months or even a year ahead of the actual drilling date. SP will react possitive but don't see a double IMO. After the announcement and first hype sp will come down (if there's no other news) then will rise again the closer we get to spudding.This is what I've seen a couple of times in the past
    It's not sure that recent rise is due to a drilling date announcement, it could be other news that is on the edge to be announced.
    AIMHO

    Cheers T
 
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