Most of the report was stating the obvious. AVO for oil is not a laydown royal flush, but one would hope that SIE may be able to add some intelligence based on their interest in PEL 83 to add some weight the interpretation. I had to chuckle at the "AI" statement. " A" Sort of sums up PCL's progress so far, very artificial. The comment on the Kudu is very old news, the lack of any solid information on the leads (and I hope they also have some prospects defined) shows that they are not showing any glimmer of expectation or encouragement and to use a cricket analogy a bit like a batter capable of scoring a double century knocking singles form a C grade bowler to get to 50! PCL is showing no signs that they are a real exploration company but just another "lifestyle" listed entity. PCL needs to get its arse into gear and get Namcor to execute this mysterious "Seismic Licence" are get the electrodes ready to attach to WDS.
my ratting 3/10 needs to spend more time working and less time playing with Chat GPT to generate meaningless reports as evident by the lack of movement in the SP
PCL Price at posting:
1.5¢ Sentiment: Buy Disclosure: Held
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