Hey Rachel, you seem to have some really good insights and ideas and I love your posts - but find them a nightmare to read - so I usually put them through AI to make them more readable. Perhaps you could consider doing the same before you post!;
" Impressive work, ihavenoidea2035!
So, rather than months, we’re looking at weeks—meaning the resource update should be expected in less than 31 days.
I’ve noticed that some of our more insightful posters have gone quiet. It makes me wonder why—how well-connected they are and whether certain individuals who previously shared updates with HC have been told to stay silent.
For those who doubt that Woodside will farm in, I’d love to hear an alternative explanation for the existence of Woodside Energy (Namibia) that doesn’t involve them farming in.
I predict a resource update by the end of March at the latest, followed by a farm-in deal in May.
Woodside has a dedicated team handling long lead items and rig bookings, so I don’t expect them to request an extension.
Instead, I anticipate an announcement of a multi-drill program for the second half of this year.
I’m sure PCL has been actively preparing for the second drill. A capital raise (CR) at 10 cents would be fine by me. The resource update should be significant news.
As for concerns about the T20 selling into a share price rise—I wouldn’t worry too much.
We’re fortunate to have a committed T20 group with some very astute investors.
Initially, they’ll likely want to recover their initial investment, but beyond that, most will be in it for the long haul, waiting for a takeover offer.
Ultimately, any deal will be decided by the majority of shareholders, not just Iain Smith, despite some misplaced fears.
Go MAGA and go MPCLGA!
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(20min delay)