from the info supplied, it appears this announcement is: 1) purely based on current drilling 2) exc. EPC868 (which had a target of 340 – 680 MT) 3) fell short on EPC867 (target of 2,000 – 4,100, reported: 678.2)
With 1) & 3) in mind, my guess the May target included future drilling programs at these sites? As AD mentions "Over the next 6-9 months we anticipate adding substantial value to these leases through scoping studies and a targeted exploration program"...
Anyways, thats how im reading into this announcement.. anyone elses thoughts would be appreciated.
CNX Price at posting:
6.2¢ Sentiment: Hold Disclosure: Held