PCL 6.25% 1.5¢ pancontinental energy nl

The key word in that slide Rooey is "planned". By including...

  1. 353 Posts.
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    The key word in that slide Rooey is "planned". By including that, they are being completely truthful as they are indeed planning a 3D. And if it fails to be acquired then they have not been misleading. The time-frame date is simply the planned date for commencement of the planned survey (if they complete a farmin deal). They are confident in this planned date as it can't be much later otherwise they start to risk missing the weather window. The weather window runs to about March/April, so if they have not concluded a deal before say the end of January/early Feb, I believe there won't be a deal concluded at all. So, if it were me, that would be my end-date, but please DYOR of course.

    FYI, I think I am still going to keep my $ in my pocket, nevertheless, I am hoping for you all that a deal is done soon.

 
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