As I have already posted, WDS recent history in assessing the prospectivity of seismic is not good with three JV wells from their last annual report all failing to find commercial oil. This is clearly not an exact science and WDS is fallible so you can't be writing Saturn off based on WDS decision not to proceed. They got it wrong three times last year and hopefully we will find out if they got it wrong with Saturn also.
PCL Price at posting:
0.8¢ 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)