Agree TheGrove. Farmout is the most important aspect as you say. I suppose I remain mindful of the licence requirement to have at least one well drilled by Jan, although some flexibility may exist. Then there's the options expiring in less than two months. If the farmout is more midterm (i.e. not prior to Aug 8th), then mgt need to better market the business as $5.9m is on the line (conversion of all options). Is the reason I'm unimpressed with simple 1%'s not being handled, like having the website accurate, put out an investor presentation, present to brokers, etc...do something to help bring in $5.9m to the business.
PCL Price at posting:
0.9¢ 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)