Correct. Typically anyone looking to convert options (of substantial quantity) will want to have a high liquidity catalyst of some form to convert into. I would suggest, the next 6 months is going to be quite exciting, with a few different catalysts on the horizon as per webinar (Final delivery to WDS, WDS farm-in confirmation, secure a rig, schedule drill timeline/program/date, the drill - each of these are substantial milestones). Hurry up, and wait; the name of the game.
PCL Price at posting:
2.0¢ Sentiment: Buy Disclosure: Held
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