That will all depend on the 3D. I agree with you that they should tentively book the two wells. The question is then does PCL pre-empt the cost and do a capital raise now .... I don't think that would go down too well. I think that we should drill number one well and see what we get and if it is successful our share price will jump heaps and capital raising will be easy and fast.
PCL Price at posting:
2.1¢ Sentiment: Buy Disclosure: Held
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