Drswing and Jibby, Good points made there. You have established the permitting lead time is about 6 months, and from previous observations the rig lead time is about the same. Jibby notes our drop-dead date to get a well drilled is 22/1/26. I am beginning to worry that PCL and WDS are just too casual about this deadline. At this stage there is no upcoming data from adjacent geological drills and pending deals on adjacent blocks seem several months away. The orange basin hype has actually diminished while we have been waiting - just look at the erosion in Sintana share price. So what is the point of delaying drilling? What are they waiting for? Just do it!
PCL Price at posting:
1.8¢ Sentiment: Hold Disclosure: Held
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