When presenting fourth-quarter results, Galp CEO Filipe Silva suggested "by late March, we will know about commerciality — we should have a very good view on the volumes of the reservoirs that we’ve hit.”
Although I don't believe TA is overly relevant here, I agree with Blakebad's prediction (i.e. sitting around 1.9-2.0 over the next 2-3 weeks, then breaks upward on the Mopane update and our receipt of final data / commencement of long stop date). Initial 3D results should be out in the next month or so also.
PCL Price at posting:
2.0¢ Sentiment: Buy Disclosure: Held
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