PCL 3.33% 1.6¢ pancontinental energy nl

All I can say is that if the price does fall to 1 cent then the...

  1. 122 Posts.
    All I can say is that if the price does fall to 1 cent then the market cap will be $11.5 million. Given that will be close to what the company has in cash and given the exciting prospects offshore Kenya, I will be filling my boots. The company have inicated that they are going to farm down in L10A/B. There is no immediate necessity to raise cash at these low levels.

    From the way you are talking anyone would think that we have drilled a duster in Namibia as well as Tower. Lets see what Tullow has to say following their interpretation of seismic before Namibia is written off.
 
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