Interesting. I'm not arguing, I've just never heard of a drilling approval being retracted once granted. I know the process could be held up with a change of government but the process is already done and we haven't heard otherwise. Hot Rock seems to know his stuff though so I value his input!
Dialogue I've had with management suggests that it's simply waiting on the ground to dry to be able to drill. That's it. KSN announcement says the same thing, nobody else is drilling in the immediate area either.
The weather is dry at the moment but there are still roads closed in the area due to flooding etc. all available on the NT roads website. Having previously lived up there, I'm not surprised.
March 2017 NT Geo Survey Case study, page-56
Add CXO (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
11.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $235.7M | |||
| Open | High | Low | Value | Volume |
| 11.0¢ | 11.5¢ | 11.0¢ | $217.6K | 1.965M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 71 | 8095002 | 11.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 11.5¢ | 2120356 | 12 |
View Market Depth
| Last trade - 16.10pm 01/11/2024 (20 minute delay) ? |
| CXO (ASX) Chart |