Hi Aussie,
sorry mate but you're calculations are off. PCL have already entered the main primary. You came unstuck with your interpretation of 'sub sea'.
You have taken 'sub sea' as meaning sea floor. Sub Sea is actually 'below sea level' and is only really about 10m difference to RT. So they most definitely have entered the primary and found elevated gas levels on some of the drilling. This is again confirmed by stating in one of the last statements that the secondary target is still below the drill depth. If both were still below they would have announced that.
Sorry for the bad news but we are definitely through the primary and no sign of Oil at this stage. in my opinion the announcement will come tonight US time and will state a small gas find (non commercial) and drilling will continue to the secondary target as per the original drill plan
- Forums
- ASX - By Stock
- FAR
- pcl has passed primary target
pcl has passed primary target
-
- There are more pages in this discussion • 10 more messages 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 FAR (ASX) to my watchlist
|
|||||
Last
50.5¢ |
Change
-0.005(0.98%) |
Mkt cap ! $46.66M |
Open | High | Low | Value | Volume |
51.0¢ | 51.0¢ | 50.5¢ | $17.83K | 35.14K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
4 | 34046 | 50.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
51.0¢ | 59999 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
4 | 34046 | 0.505 |
1 | 29878 | 0.500 |
1 | 30000 | 0.495 |
2 | 28930 | 0.480 |
2 | 70000 | 0.475 |
Price($) | Vol. | No. |
---|---|---|
0.510 | 59999 | 2 |
0.525 | 69690 | 1 |
0.530 | 30000 | 1 |
0.535 | 30000 | 1 |
0.540 | 52471 | 2 |
Last trade - 15.57pm 11/07/2024 (20 minute delay) ? |
Featured News
FAR (ASX) Chart |