Mopane and Saturn look to be situated on a ridge whilst discoveries to the south appear to reside in deeper geology and water depths and have their issues as a result. Maybe gravity costing is the science here
Mopanes success, may well be the difference that makes the difference for PCL. Particularly 2 the shallower leads oryx and hydrax. (Anyone know how water depths of these leads compare with mopane?) Mopanes discovery in my oppinion has derisked us dramatically. Imagine if that event had not happened whilst observing multiple successful discoveries that turned out to be non commercial. Also sure hope that after this uncomfortable delay, we enter 1st drill with bold volume predictions like Galp did next door. We at least deserve that
PCL Price at posting:
1.9¢ Sentiment: Buy Disclosure: Held
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