Good to see PCL have gone into some depth explaining the sauce that fills the bottle. This seems in line with the WDS payed works mapping the area beyond licence boundaries to the east. Won't for a second pretend to understand much of the analysis in the quarterly. For me a lot of the prospect and willingness to drill or not seems less about mapping and more about drilling which is ultimately a business decision at this point considering supermajors have pulled the trigger on less. Impact as a small player has done very well maintaining its place in the Total led prospectus... If there are two targets that have been co-signed by WDS which is all specualtion then that means two drills which means a business decision on PCL's part to raise or divest more. Let's hope for a good result and props to the long term holders.
PCL Price at posting:
1.8¢ Sentiment: None Disclosure: Held
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