PCL 5.56% 1.7¢ pancontinental energy nl

"3D seismic survey, which is currently in the final planning...

  1. 2,755 Posts.
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    "3D seismic survey, which is currently in the final planning stage"

    @Sh1n3
    Precisely what echoes in my mind, especially if/when I've entertained the idea of
    selling part/all of my holdings here.

    As PCL doesn't have the 'cash on hand' to finance a 3D survey on its own, It can only suggest
    (to me) that discussions with a drilling partner are advanced and 3D has been discussed and
    planned with that partner to commence very soon.

    Otherwise, nothing on the contrary, has been announced by management, therefore, one can
    only assume that the 3D statement still stands, especially when the 'Continuous Disclosure' rules
    apply in such matters and management would be well aware of their obligations in this area.
 
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