Quite right stockdon, all testing and audit with the new rig was meant to be completed mid October, we are now already into the second week of November,.....and nothing, no sign of final audit and still along way off mobilization. Even if that happened tomorrow, the rig wouldn't be on site for a week or more, then 10 days to rig up , so first week in December if we were lucky.
Perhaps we have just hired another LEMON.
IMHO we won't get anything started this side of xmas, then the same as last year everything will stop over January and we might actually start some drilling in the new year.
Just hope we don't get punished to much by a disgruntled market and slip under last lows of around 10c.
NSE Price at posting:
13.5¢ Sentiment: None Disclosure: Held
