Wednesday, September 20, 2017 2:32:06 AM
(ASX:PCL) - Realtime
Market Cap is now @ A$18.4m (US$14.7m)
- I agree we should be trading much higher.
"StockAnalysis assesses a risked value of $64
million or 1.1 cent per share for the company’s
Californian and Namibian drill targets.
StockAnalysis estimates an upside valuation for
success of $163 million or 2.7 cents per share at the company’s currently drilling
and upcoming high impact gas exploration and appraisal wells in California,
which are due to be completed by the end of 2017. Each project area holds
significant, follow-on exploration potential.
In Namibia, where Pancontinental is set to participate with a 30% free carried
interest in drilling on a major oil exploration target during H2-2018,
StockAnalysis estimates that discovery of 124 mmbbls would be worth over 3
cps to Pancontinental."
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