Love your work Pippinup. Was great to hear my 3 questions answered in sequence starting @d 6.40 minutes. The big one being that this 3D permit business is just fluff on Woodsides part as they could have taken the reigns at anytime post the final 3D deliverables. I think some investors are over the waiting game and want to move on hence share price. Certainly cant blame PCL as they have done their part and continue to do so. In woodsides defense, their focus looks to be on revenue creating opportunities and they have not stopped. Last i checked balance sheet, they were 14 bill in borrowings. Add the complex 3D analysis that is taking time. still does not chane our holdings here im prime realestate and huge oil potential supported by 3D. Add the isolated fan which is yet another potential huge single oil trap, supporting that a new operator would not be difficult at all, should woodside bail.
PCL Price at posting:
1.5¢ Sentiment: Buy Disclosure: Held
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