Thanks Mr H. I had presumed, quite incorrectly, that the 180 days was after submittal of the “fast track” data meaning a decision by Woodside around Jan/Feb. My bad. The positive is that PCL have an independent group analysing the data separately from Woodside and good communication between respective parties will mean PCL will be provided with regular progress updates.
A question for you or perhaps Old Geo. Can our independent contractor produce their own 3D PSDM results independently of Woodside, so we can be in a much better position earlier, than waiting on Woodside? If possible it would certainly help us with decision making in late January when Renewal date approaches.
Also, perhaps the fast track data does not provide enough information to do this or it is simply way too expensive to do for a minnow with only $5m cash in bank. Someone on this site will probably know! Cheers.
PCL Price at posting:
1.8¢ Sentiment: Hold Disclosure: Held
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