Apparently during agm and via various shareholder correspondence with the team, there was mention of “we have contingencies in place..” (in the instance wds does not excercise option- one of these being to open data room and ensure they can quickly resume the farm-in major search) - which is obviously a very prudent move by pancon .
Anyway, don’t want to kickoff that discussion again, just need to sit back and trust that the team is doing what needs to be done. Was an interesting week of very low volume trading, with liquidity drying up - interesting next few weeks I imagine with mopane3x and Sagittarius1x results seemingly imminent. Broader oil macro looking a bit grim however , but nothing opec can’t keep in check I suppose.
PCL Price at posting:
1.7¢ Sentiment: Buy Disclosure: Held
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