Whats clear is both Woods and Pan are keep cards very very close to their chests. We havnt even had an interim update. We know 3D has imrpoved on 2D fighures. We know new Director is getting 40m oppies [email protected] Based on regional analysis, oil is predicted to be more prolific to the NORTH and directly south of us, Galp is confident they have 10 BILLION BARREL'S OF OIL. (oops caps lock) We are NORTH of Galp
Do you really think they dont have a good idea of potential resource @PEL 87, hosting saturn BY NOW. My amateur view is that Saturn is actually the machine making the oil which resides along its perimeter.
My view is that there is every chance Woodside can see oil but they are keeping it low key during free ride of sure thing. Like having a huge block of land on some exotic coastline and ready to develop. I treat my investment like announcement can drop at anytime. If there is oil, it is inevitable. When that announcement comes, what i wont do, is sell a single ahare. After holding PCL for over 2 year, why would i deprive any of my shares from enjoying that best and most lucrative part of this journey. Just thought to share some randomness to keep rollercoaster enjoyable no financial advice, or technical skills here
PCL Price at posting:
2.0¢ Sentiment: Buy Disclosure: Held
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