I still like to refer to the Euroz sp estimates (assymetry from 0.009cents entry is truly suberb). I think either way, the size of the prize here is massive - problem is its a 'bird in the bush' situation (we don't know if the actual bird is there, till we drill). One step forward, one step back. I can't imagine it'll be difficult to secure a farm-in partner, but we might get our eyes gouged out in terms of a deal. In saying that, I think peak fear is here/nearby...which usually means buy. If/when a major farms-in, outlines a timeframe, and drill schedule; then this thing should swing like a banshee! (in the right direction this time...ie, up).
PCL Price at posting:
0.9¢ Sentiment: Buy Disclosure: Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)