Fair points, perhaps depends on what is found and therefore what PCL's share is worth?
In the meantime, I find it interesting that WDS has increased the survey area by almost 50%. That is, first it was 'at least 5,000 sq km' (ann 02/03), increased to 6,800 (ann 06/03), increased to 6,872 (ann 18/04), increased to 7,200 (ann 15/05). Surely WDS wouldn't keep throwing good money after bad if the first 5,000 was short of impressive?
Ann: Placement & Company Update, page-86
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