It would be nice if our SP can get above 10 cents very quickly as that gives us a shot at getting into the ASX300
WDS taking their sweet time to move forward with this reduces any chance of us having a chance for the March re-balance.
We need resource estimate, farmin agreement, drill ship booked with a drill date to have any hope of being anywhere near that figure.
We'd need more than 20 cent SP ($1.6B + MC for ASX200)
Getting into the ASX300 puts into the hands of the ASX300 listed funds, they'd need to buy, as with the ASX200. 200 is not a chance without positive drill results.
A healthy T/O would give us the funds to qualify but then what do PCL do?
PCL Price at posting:
1.9¢ Sentiment: Buy Disclosure: Held
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