Good announcement today. I finally switched onto some good timing & sold oppies on the announcement I reckon we will have the chance to buy back in cheaper over the next few weeks.
For those holding out for drilling or at least the announcement of a program, this will be at least a little way off. Firstly the fly-over stuff needs to be analysed. Then from that ID key targets... Then talk about drilling which will require rigs (maybe a tender process) etc. etc.
But these guys have been pretty efficient so far so could be only a couple of weeks away.
PIL Price at posting:
36.4¢ Sentiment: LT Buy Disclosure: Held
