I like the 'mature' classification, thats an upgrade from marginally mature and will lift the chance of success COS making it a slightly less risky investment.
Agreed Jibby it differentiates PEL87 from Moosehead 1X which concerned a few.
Would like to see a summary of their analysis so far on thief channels breaching the trap, or lack of, just to settle the nerves with that issue.
PCL are very definitive that they 'will not bear financial liability for non-performance by the PEL 87 JV associated with the MEEC of the 1st exploration period".
This reads like a cut and paste from a WDS JV partnership agreement
2+2 = WDS
Jibby as usual your intel prior to this release was A1. Thanks from all I'm sure !
Ann: PEL 87 Project Update, page-11
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