Imo the big ones here, lots of oil but we can all appreciate that saturm is very large space. At least 2 members of the board have seen takeover. Thus takeover or not, its important that we know the magnitude of this resource so that we are not undervalued should that time come. Great to see the company is all over it. kicking myself for not raising the question but say we had a discovery similar to Galp in that first drill. Lets say it was beneath a hole made straight into that top seal of saturn and sent our share price to around $1. Would it not be easy enough to do a cap raise to fund our 2nd drill. Also intresting that Moosehead, south east of our lease is outside Saturn systen, yet subsea formation shows that its connected to fan system, 1. Exhibiting that Saturn is bigger than maps exhibit. 2. It slopes to the west and forms a concave or oil trap that may even be connected to Pel 83 That being said, big question is what are true volume of Saturn
PCL Price at posting:
2.1¢ Sentiment: Buy Disclosure: Held
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