Thanks Shovel.
Disappointing to hear about L8. We should have at least heard about contingent resources by now which would add some support to the share price. Very annoying…
I believe the Mbawa discovery is less than 1 TCF. If it was a 1 TCF find it would ideal for onshore power generation and Apache would be pro-Kenya.
1 TCF recoverable gas at $3/MCF (heavy discount to Aus gas prices) is still $3 billion in revenue over the life of the field.
A stranded gas field would trade at between 0.1 - 0.2/mcf which would value 1 TCF of recoverable reserves at $100 - $200 million.
That would be an asset worth $10-$20 million for PCL.
Oh well Apache messed it up.
new hartleys report, page-25
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Last
1.4¢ |
Change
0.000(0.00%) |
Mkt cap ! $113.8M | |||
| Open | High | Low | Value | Volume |
| 1.5¢ | 1.5¢ | 1.4¢ | $17.70K | 1.257M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 19 | 6743469 | 1.4¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.5¢ | 958636 | 5 |
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| Last trade - 16.10pm 15/11/2024 (20 minute delay) ? |
| PCL (ASX) Chart |