I think we will find that the option for 56% has been executed and WDS are now the operator. As such and whilst PCL will provide some resource estimates, everything else will now be announced at the approval of WDS and WDS only. Whilst I hope we have a drill date, I think that will come later (not with this announcement), but at least we are now off an running and have deeper pockets in terms of WDS to drive this project forward. If that involves others joining with WDS so be it. Wednesday will tell the story.
Also remember that there was someone selling a fair few shares the last month so don't be surprised if their selling continues to keep the SP down. If its deceased estate, they don't really care about the SP, they just want the money for a myriad or reasons.
Cheers,
Rooey
PCL Price at posting:
1.7¢ Sentiment: Hold Disclosure: Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)