"And the balance of the portfolio (i.e. PEL87), we would expect some progress towards the back end of the year". Sounds like a farm-in within the period before May (long stop date), followed by the actual drilling in 2H prior to the licence conditions needing to be satisfied (i.e. one well drilled by Jan 2026).
Complete news on what the 3D shows should be forthcoming (3D survey was completed over 19 months ago in May 2023, just sayin').
PCL Price at posting:
2.0¢ Sentiment: Buy Disclosure: Held
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