Its great that we get dissenting opinions on here like Roach (haha that dude came in like a brutal belly flop), and then Sam0407 with his 'anything but PCL' take on things (its ok Sam we like you now, hang on to those oppies mate) and now MidDigitalHair with his 'chill dog sh1t gets done when its done no rush brah', you do post some good stuff tho MidDigitalHair but you should never use the word "tumescence" on HC ever again x
It reminds us that this is still a risk play BUT those that have followed the story closely (damn that PEL37) and listen to the knowledgable posters like OG, Jibby, Hustler, Melindax, Crazych and others understand that PCL is in a unique spot and as Ernie has said, PCL could be the star of the ASX, hopefully this year.
It is nonsence to suggest analysis didnt start months ago, it started in ernest as soon as the data packs were offloaded which is called gasp, fast tracking. Its now coming up on 5 months since the survey was completed.
WDS are not Total or Shell but they are approx the 1000th +- biggest company on the planet so yeah they can throw that weight around to get what they want when they want. They didnt spend $35M USD (chump change) on the survey to sweat over $50M USD on poking a drill hole in the floor.
This is a stab at the timeline:
Aug / Sep: 3D annoucment Nov: Saturn Analysis completed Latest Dec 23: Farm In announcement 24Q1: Target selected and rig on site
PCL Price at posting:
1.8¢ Sentiment: Buy Disclosure: Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)