that is one of my thoughts regarding WDS and that is their capital outlays and them trying to hive off a % equity before 18th May deadline, and trouble with that is no one would have a controlling interest, which other majors may not like. Really unsure of WDS, and hard to believe they can walk away - if nothing else the PCL Qrtly has shown the world how good a target possibly exists, and would WDS ever find a better target anywhere else in the world - probably not. so IF they are still an explorer, and Senegal suggests they still are outside of australia and LNG, they should commit. why u would wait until 18th May - again typical beaucratic Co that WDS are.
so for me it is all about WDS managing their capital - re delays, timing, equity reduction etc etc
the amount of drilling going on to the south is just confirmation of the snails pace this whole exploration effort has been
pissed off still waiting
PCL Price at posting:
2.0¢ Sentiment: Buy Disclosure: Held
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