General Thoughts, page-7266

Everything you have posted here is pure speculation with nothing substantial from PCL or WDS to support it.
Hints that someone was told this or that coming second or third hand have little value.
All your posts do, imo, is strengthen the argument that we need information from PCL.

"There is no way PCL will release any of these until WDS are ready and have cleared it, except ..."
Your assertion that PCL is waiting for WDS permission to say anything is further speculation because apart from a few people at PCL no one knows the terms of the option agreement.
Why would PCL need permission from WDS - they should announce what they believe they have found from the 3D then discuss with WDS afterwards.
It's about time PCL followed the ASX listing rules.

"We also have the PCL quarterly due soon which may have some additional snippets, and WDS have their next BOD meeting in February."
If it has additional price sensitive snippets it needs to be released before the quarterly.

"If you read the informed posts from the likes of OldGeo etc, the fundamentals are still looking very good."
Yes, I read all of them.
And the SP keeps falling.
Thats why I say that the SP / MC does not reflect the fair market value of PCL.
IMO that is because PCL will not release any information and must be very very close to breaching the ASX disclosure rules.
Unfortunately, we all know the ASX listing rules are worth sh.t for a small cap. No one will enforce them.

I don't back down from saying the BOD needs directors with a greater range of experience that just oil and gas.
Oh, and yes I do have experience as a CEO, CFO or director on several asx listed companies and as a promoter.
I have very good idea of what the people are like and the crap that goes on.
Anyone who thinks that just because they are directors that they are intelligent and only acting in the best interests of the company needs help (Not PCL specifically). The pettiness is staggering.
I know a few people on HC have BOD experience as well.
Vesna has shown she is out of her depth.
Making sure the option agreement was reasonable should have been her primary responsibility.
- No end date.
- No termination clause
- You tell us no ability to report finding to shareholders.
- what else? We have no idea
- Just a belief that things will happen and everything will be alright.

and finally, grown ups ask questions.
Most don't like being left in the dark and fed nothing.