PCL 0.00% 0.2¢ pancontinental oil & gas nl

pcl - speculation on hdr interest??, page-5

  1. 15,971 Posts.
    lightbulb Created with Sketch. 299
    re: pcl - speculation - correction - blackgold et Doctor

    I agree that PCL is low on cash but there are now two possible sources:

    1) Cash from sale of Jingemia oil from test and into the future (I guestimate this to be revenue of anything from $500,000 to $1,500,000 per year)

    2) Perhaps they might obtain some cash as part of a farm-out deal for part of the Kenyan leases.

    The cash from Jingemia may allow them to continue with local operations, but they are going nowhere with the Kenyan leases unless someone else coughs up the readies.

    I am not promoting PCL as a great company - far from it.

    Cheers

    H
 
watchlist Created with Sketch. Add PCL (ASX) to my watchlist
(20min delay)
Last
0.2¢
Change
0.000(0.00%)
Mkt cap ! $10.81M
Open High Low Value Volume
0.1¢ 0.2¢ 0.1¢ $475 300K

Buyers (Bids)

No. Vol. Price($)
5 3185626 0.1¢
 

Sellers (Offers)

Price($) Vol. No.
0.2¢ 106807321 55
View Market Depth
Last trade - 10.31am 27/03/2020 (20 minute delay) ?
(live)
Last
0.1¢
  Change
0.000 ( 50.0 %)
Open High Low Volume
0.1¢ 0.2¢ 0.1¢ 3953000
Last updated 14.46pm 27/03/2020 (live) ?
PCL (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.