I dont know what investors expect. We currently await the Namibian government for drill permit before we meet farmin obligation. Until Woodside invested 35 milll US for option, we had nothing. Since that time, commericial grade light oil has materialised on every lease in our neighborhood. Whether Woodside excersize option or not, Us PCL holders are in super cheap at this price. Our Geo's describe a ridge running parrallel to and decending into the west of Saturn, on trend with other discoveries and its rumored we may have a 40billion mother load. North of former discoveries we told his potential to hold more oil and we are north with our massive Saturn complex. A farmin on pel 87 is inevitable. Its only a matter of when and which operator. Estimates are now June/July. Nothing to do but hold tight for as long as it takes imo Bought more Bottom draw
PCL Price at posting:
2.4¢ Sentiment: Buy Disclosure: Held
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