Just throwing it out there for conversation, given the position we now find ourselves in and with the information we have been provided with by PCL in the way of estimates, would selling our 75% to a major be a better outcome? I'm not saying we should but there certainly seems to be a lot more uncertainty around being able to get this off the ground but most certainly in the value of it, and lets face it Iain does have a history?
What could be the potential return to us investors on the 75% sale (see Euroz table below) and what is a realistic SP without being ridiculous do most feel is achievable given our circumstances.
GLTAH
PCL Price at posting:
0.8¢ Sentiment: Hold Disclosure: Held
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