Iain's excuse on this point was that if PCL come out and say we have a massive play of X and then Woodside disagree and drill somewhere else then PCl would look like idiots and some would say they mislead the market.
Don't agree with his stance on this as we should be able to rely on the company that we have paid for and engaged in to find the correct plays we want to hit.
Just another delay tactic or WDS have stitched up PCL is some sort of no disclosure clause in the agreement.
PCL Price at posting:
1.6¢ Sentiment: Buy Disclosure: Held
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(20min delay)