My feeling is that the work permits have most likely already been issued and we are just waiting for the ground to dry out before drilling commences.
From the Quarterly Activities Report: This multi-purpose rig has been delivered to site and drilling is scheduled to commence in April, once the work permits for the drilling crew have been issued and ground conditions permit. Lucapa will update the market when the L259 drilling program commences.
LOM Price at posting:
38.0¢ Sentiment: None Disclosure: Held
