It's annoying when I read made-up nonsense like PCTL EOR tech is only profitable when oil is over 100.00 BBL. Come on be serious lol The infrastructure alone with other EOR techniques costs plenty besides the actual cost of using it after it's installed 30-50.00 a BBL. Price of oil is crashing sure it's down but why is it down? Anyone doing the slightest DD would see the gov. flooded the market from strategic oil reserves. Why isn't the whole story told? Will the 160 Million BBL's of oil effect PCTL? Yeah, it does, that oil needs to be replenished which fits right into PCTL or 21 st. Century Energy's EOR wheelhouse.
Art this Art that Gary this Gary that. The NHS told the world they were responsible for the 2-year delay with Pathisol. Then they extended the results for 2 weeks due to the Queens passing. I suppose that will be blamed on PCTL. I'm not saying Pathisol will get any contracts in the UK but put out the credible DD.
Oh, PCT's Annihilyzer doesn't work well hospitals do not invest in a tech that doesn't work especially when it comes to disinfection and keeping their patients and staff safe.
People try to get DD to make a decision about investing in PCTL and I see made-up crap.
Revenue has been down and the SP reflects it.
The key is for everyone to do their own DD on PCTL and make their own decision to buy, sell or hold. The only one to trust is yourself and your DD.
I'm long on PCTL because all my DD tells me to be long