At the end of the day PCL have a contract with Woodside and that is if Woodside want to proceed to farm in they increase their ownership and reduce PCL’s to 20% but carry them through the first drill…..that’s the signed agreement and everything outside of that is pure speculation, and if the results of the 3D are impressive both PCL and Woodside would be aware of the hands they are holding….I’m pretty sure that PCL would be smart enough to hold ground and milk it for everything it’s worth….you don’t give away winning lottery tickets knowingly….but then again we are all sitting on the sidelines trying to guess and hope things turnout the way we all hope….only time will tell!
PCL Price at posting:
2.0¢ Sentiment: Buy Disclosure: Held
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