mgmt are a bit more forthcoming about the well packer issue at Socrates, without providing any sort of timeframe for its resolution. Again, it is all second hand as we are not the operator. But clearly the fact that Shell are pluggin holes into our oil unit only a few km's away has raised a (red, not white) flag over the area, and maybe the operator will put the blow torch on the packer people and get this stuff up sorted it.Again, there was no mention of what pressures can be brought to bear. Please don't let it be legal action. We've seen enough of that in Brazil.
ABL Price at posting:
1.2¢ Sentiment: Buy Disclosure: Held