PCL 0.00% 0.2¢ pancontinental oil & gas nl

Ann: Half Yearly Report and Accounts, page-2

  1. 89 Posts.
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    @sam0408

    Looking based on the Half yearly report, it does seem our CR has stabilised. My question is the Australian project seems to be on hold, no progress? do you think they are waiting on an outcome of the Venus-1 well? Do you think they do not want to farm out another 10% of PEL37 as the Australian project would require additional funds?

    I truely believe that would be a smart move if that was the case... Successful Venus-1 could fund the Australian project?


    What are your thoughts here? Looking at todays figures?

 
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