Hey team - been a rough few days for the SP for sure.
I have been thinking about something and its bothering me lol. Am I understanding correctly, that the license could run out and a major or even WDS come back to snap up the block?
or is there terms in the license agreement that give PCL preference in renewing the lease before offering it out to the commercial public?
my concern is - why would anyone offer us a deal, if the license is inevitably going to expire, providing whoever wants it, the opportunity to take full control and ownership for potentially, a similar price anyway?
Thankyou in advance for any contributions. Just wanted to put my .5c in (novice trader + New to oil and gas)
luke
PCL Price at posting:
0.9¢ Sentiment: Hold Disclosure: Held
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