PIO 10.0% 1.1¢ pioneer resources limited

 Spot on W27. It is worth remembering that all the secrecy...

  1. 693 Posts.
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     Spot on W27. It is worth remembering that all the secrecy protects Cabot, not PIO or its shareholders. In fact it is disadvantageous to Pio shareholders in that it prevents competition in an Opaque market.

    Cabot are keen on secrecy so that their competition don't call DC and tell him to leave any new Cs in the ground until the Cabot contract expires because they will pay a higher price.

    I do have faith that DC has struck a fair price, but lets not be fooled, the secrecy protects Cabot. Not us. So, any shenanigans with obscuring the revenue should hopefully be kept to a minimum.

 
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