Really not great waking up to this news, shocked is the best way to describe it! If the estimates are good then why would Woodside jump off? Surely if you were sitting on a super recsource you wouldn’t just walk away without exploiting it in some form especially after sinking money and time into it? I know Woodside have a lot going on with Project so maybe they just couldn’t commit given the timelines and needed to prioritise or if this just me hoping? trying to remain positive but it’s not a great look, PCL are going to need to pull some pretty big rabbits out of the hat now and really need to show their resource hand and it better be good! Don’t really have much choice other than to hold on tight now!
PCL Price at posting:
1.7¢ Sentiment: Buy Disclosure: Held
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