It seems the market has reacted strongly to the first well. By Monday the second well results will be posted. I have spoken with the CEO who indicated that if positive, 2-3 weeks for flow tests. Commercial wells nearby, upper area saturated with gas, CANT GET BETTER THAN THAT. The costing per share if commercial has been calculated at 30 cents per share based on $18US per barrel. Current price could value the stock at $1.00. Do your own research.
PCL Take Two
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Last
0.2¢ |
Change
0.000(0.00%) |
Mkt cap ! $10.81M | |||
| Open | High | Low | Value | Volume |
| 0.2¢ | 0.3¢ | 0.2¢ | $9.434K | 4.577M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 500000 | 0.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.3¢ | 78813858 | 40 |
View Market Depth
| Last trade - 15.45pm 17/01/2020 (20 minute delay) ? |
| PCL (ASX) Chart |