Lets assume youre right Crespo007, & Woodside arent wasting manpower in Namibia, thus oblivious to potential of 87. Lets also assume that PCL is aware re WDS exit and not releasing estimates in order to market in a more lucrative deal. Great outcome in my view. Heres the problem: If Meg pulls the plug and allows 35 mill US option to expire with a 14 bill barrel discovery next door, her respect in the Africa's would be nuked. Particularly when she delayed option excessively with seismic licence, even though she could have started farmin at anytime. stuffing everyone around incl the Namibian govt will not bode well and may even be a fatal hit to her credibility and career. Factoring Woodside share price continues to decline under her regime. back to my question. Why the hell is this taking so long ?
PCL Price at posting:
1.6¢ Sentiment: Buy Disclosure: Held
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