Common mistakes of investors are:
1. Talking about "feelings" or "belives" according to the shere price Too much optimistic or pasimistic.
2. Talking about un realistic excepations in the short term like: "We are going to get farmin today/tomorrow/next week"...
*** Couple months ago after the pcl annoncemnt of 4 majors in the data room i saw how a lot of investors said that farm in will happend very soon (Short term) and i said that Farm in process takes at least 6-18 months.
3. Dont understend that in this kind of investement there is a lot of risk and most of the time the market will not give us credit until we will be/have:
* Fully funded for 3d + drill.
* Super major opertor.
* Cpr after 3d.
* Drilling date and target with Good chance for success to large prospect.
All of this can take 1-2 years from now and im not sure that it will happend but i think that we are in a good way.
**In one of the sintana presentation they said that the one of the major reasons that they buy 49% from inter oil was the saturn prospect - So they belive in the licence and i hope to see that bring us farm in of major.
- Forums
- ASX - By Stock
- PCL
- Pancontinental and Eco Atlantic - The last slices of the Orange Basin?
Pancontinental and Eco Atlantic - The last slices of the Orange Basin?, page-170
-
- There are more pages in this discussion • 1 more message in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add PCL (ASX) to my watchlist
|
|||||
Last
2.2¢ |
Change
0.001(2.38%) |
Mkt cap ! $174.8M |
Open | High | Low | Value | Volume |
2.1¢ | 2.2¢ | 2.1¢ | $15.01K | 703.7K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
40 | 12313232 | 2.1¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
2.2¢ | 3962023 | 13 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
40 | 12313232 | 0.021 |
27 | 11278374 | 0.020 |
15 | 11220548 | 0.019 |
5 | 8482833 | 0.018 |
2 | 1150000 | 0.017 |
Price($) | Vol. | No. |
---|---|---|
0.022 | 3962023 | 13 |
0.023 | 7729242 | 9 |
0.024 | 1522115 | 4 |
0.025 | 1884553 | 7 |
0.026 | 2933363 | 4 |
Last trade - 13.41pm 11/07/2024 (20 minute delay) ? |
Featured News
PCL (ASX) Chart |