Management need to do something to stop the price drift. Most sales today were at 2.1 cents and likely to finish at 2.1 or 2.0 cents. Mr. market isn't confident in PCL Why are they so low if we only need a signature from Namibia ? WDS could announce a conditional go-ahead if they feel the seismic is good enough .The fact they haven't is a real concern IMHO. Further processing of the seismic must have occurred by now and yet we have only been given the one map so far. We need to be told if there are problems with the approval process!!
PCL Price at posting:
2.1¢ Sentiment: Buy Disclosure: Held
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