Agree 100% Geo, sitting on hands has truly served Woodside and more importantly the fate of PCL. Whilst observing earlier discoveries, contrary to initial expectations have lead to technicalities that could only be uncovered in due course. Lots of lessons learnt while we have moaned and groaned about delays in farmin, possibly yielding a dry 1st hole. Yet on the flipside, these delays have allowed us insights into possible scenarios, geo settings to avoid and on your note re isolated trap, perhaps it has now been put on backburner given the fate of Shell. It will be interesting to see how Woodside campaign plays out. Ideally we want that sandwich holding multiple leads under 1 drill bit and i personally am looking forward to multples of current estimates for that lead comprising varying depths i remember PCL mention in June of last yr that we were expecting to finalise estimates by the end of July. I also remember Iian voice PCL's reservation re disclosure prior to Woodside commitment, so more than 6 months later, there is every chance we already have estimates. Put simply, we are now down to awaiting golden announcement and i see a very high probability that newsflow will become chronic, hopefully including drill date
PCL Price at posting:
1.8¢ Sentiment: Buy Disclosure: Held
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