PCL 0.00% 1.6¢ pancontinental energy nl

trading halt, page-18

  1. 8,334 Posts.
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    Agree that this will be one very interesting read, and as I said before price runs from cap raising announcements don't normally happen.

    Dex, "Highly doubt for Namibia. "Hi Mr. Banker, we would like to raise $10 million for permits we do not own and have no definitive agreement for". Mr. Banker - "Hell No"

    Can I put it this way:

    "Hi Mr Insto, we have the option of an 85% interest of
    15,000 sq kms, with bill bbl potential, off the Namibian coast. We need some cash for a seismic to satisfy some conditions, what the chance?.

    Mr Insto, leans over for cheque book: How many bbls was that?"

    Now the answer should come before the market opens Tuesday morning.

    Cant wait for the read, and the results of the read too.

    Still have some cash for some topping up, so I am hoping for a slight retrace, but wont hold my breath this time.

    Regards,

    TCG

 
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