Hi Sam, who is this Roach characfer and why is there so much contraversy since his/her arrival. I have blocked so unsure whether they hold an interest or have an underlying motive. bottom line is that Sintana hold small parcels(refer their recent ann shared in the forum) in these My recent calculation on 1 billion barrel scenario takes us to an estimated 12.5 cents. Our 2D estimates already sit at a potential of over 7 billion barrels, so unless my maths is way off, PCL should be valued decently, if we strike decent oil. i understand that we wont know umtil as late as March next year and maybe beyond that even but our near term catalysts incl 3d incorprate volume to existing estimates and woodside coming to the party as operator, if yes then drill date locked in, drill commenement, progress etc, all of which are going to send share price higher whether we like it or not. As stated by JibbyBagger, we will also be eating cream off the back of future discoveries in the region along the way. how aboit we let Mr market decide what happens next because ultimately thats the one thing that is certain. whether we like it or not lets just call my former post a gut feeling and leave it at that.
PCL Price at posting:
1.9¢ Sentiment: Buy Disclosure: Held
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