spot on and the fact there is no ann on the seismic is true to believe WDS have tied PCL to the point they cannot sneeze in public. i have been banging on about all of this for months - cont disc obligations are pure fantasy - always has been on the ASX, but when signed away in an option deal - no light comes from that big black hole. seismic lic, new country beauracratic BS, 12months no seismic data results released.
will they say still analyzing data!!!! - embarresment if they do, and what that says to cont disclosure obligations sitting on results.
WDS are true to form here, and by the time they make a decision in thier time frame the basin will be emptied of oil and everyone moved onto a new area.
they could so easily destroy the PCL trade - they have done their best so far to - no certainty anymore as SHELL downgrades, any other exp well is a duster pcl gets hit - the risks keep mounting whilst WDS - Nero play while rome burns
PCL Price at posting:
1.8¢ Sentiment: Buy Disclosure: Held
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