We would certainly be able to negotiate a much better deal for ourselves if WDS walked away from the agreement because of Green reasons but, if they walked away because they didn't identify significant drillable prospects from the 3D then that would be a different story.
I have no doubt that they will take up their option and will drill multiple wells up front.
We need to be ready to capital raise to maintain our % of the resource unless a big buyout offer comes our way after the first drill or maybe even after the release of the results of the 3D seismic results.
We would certainly be able to negotiate a much better deal for...
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Last
1.2¢ |
Change
0.002(20.0%) |
Mkt cap ! $97.63M | |||
| Open | High | Low | Value | Volume |
| 1.0¢ | 1.2¢ | 1.0¢ | $81.52K | 7.447M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 44042 | 1.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.2¢ | 6972636 | 12 |
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| Last trade - 15.59pm 27/06/2025 (20 minute delay) ? |
| PCL (ASX) Chart |