Pottermore can agree with this. A bit of deja vu here like on how long it took Norwest Energy to actually get around to drilling Lockyer Deep after many false starts. I would not be surprised if we don't see drilling until 2Q 2025, hopefully before the PCL options expire in August 2025!
While we wait, plenty of drilling action around us. The Rhino/BP/ENI prospect in PEL 85 to be drilled in November 2024, Sagittarius, sounds huge based on the waxing lyrical by BP and the Namibian Mines Minister! to quote: "“It is one of the most amazing prospects I have ever seen in Namibia, with at least five plays to be tested, all with a positive AVO response,” and "“It does not get better than this, ladies and gentlemen.”
One can hope that when the Minister sees the final AVO maps from Woodside for PEL 87/Saturn, that she waxes lyrical as well!
So we as PCL shareholders 'hurry up and wait'!
PCL Price at posting:
2.4¢ Sentiment: Hold Disclosure: Held
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