Further to the information from the AGM. Rooey and V10 may be able to give more insight. Just a quick question for V10 .... were you siting in the front row on the left side of the aisle in front of the lectern. If so I apologise for not saying hello. When Iain was discussing the structures of the resource he was talking in terms of geological depositions a lot of which I am not fully familiar with and don't understand the geological deposition time frames and their relevance. But what I did pick up on was Iain saying that they were spending some energy and analytical energy in the fan depositions further out from the original Saturn structure. I gathered that there was a distinct possibility that there could be significant resource opportunities in these regions as per the discoveries by Galp of further layers under their original targets. These zones, from my understanding are to the western (deeper water) side of the 2D identified Saturn structure. If this is so then this could increase the volumetrics substantially.
PCL Price at posting:
1.9¢ Sentiment: Buy Disclosure: Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)