Thanks for your post. The only thing I would like to comment on...

Thanks for your post. The only thing I would like to comment on is your words..."In the absence of Co news to the contrary can only mean (to me) that the seismic/farmout is still in play".

Unfortunately, on these words I beg to differ. Even if there was no farmout in play and PCL were sitting on their hands talking to no-one, we would still hear nothing. At the next quarterly we will, once again, get a one liner of continued "deliberate vagueness". As I, and others, have said before, this company is really at the high end of the risk profile. If it comes off then all will be happy. It just comes down to what are the chances? How quickly are those chance dwindling? We are now Mid Feb sitting just to the north while the survey vessels skim our southern border.