Here's a slide from the presentation SXY did at RBC Cooper Basin conference on the day PGS ran up to 3.5c, I feel it was RBC buying that started the run (rather than article in Australian), on the realisation that PGS offers excellent leverage to the under explored northern section of proven western flank oil fairway. I imagine SXY indicated that the area is looking GOOD...
PGS = 20% PEL 514 + cash + bonuses = I can't wait for drilling to start !
I'm loving the 2c pre-June selling.....GLTA
PGS Price at posting:
2.1¢ Sentiment: Buy Disclosure: Held