My biased view is still a yes, but for how long who knows. I am thinking if there is no movement (no offer for farm in) by end of August 25, I will have to seriously think of selling as would think that if we have not locked in anyone by then we never will. Whilst the company should be worth more at the moment based on 3D and license of PEL 87 the market clearly thinks otherwise.
It was always a speculative buy for myself many years ago and could have/should have got out all together but got hooked back in on WDS farmin so my bad on that. But luckily I am playing with money that is not going to hurt me much but still will be disappointed.
There is still hope and we can only hope that PCL put the rabbit out of the bag soon.
Rooey
PCL Price at posting:
0.8¢ Sentiment: Hold Disclosure: Held
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