RNE 0.00% 0.2¢ renu energy limited

todays drilling report, page-12

  1. 5,428 Posts.
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    Sorry geojac and kashga, another of my senior moments I'm afraid. At least I no longer have to worry about my hair turning grey. What's not grey already fell out long ago.

    My concern with Habanero 3 has always been the timeline around option expiry and completion of the hole. The option expiry date was too soon imo.

    The Lightning rig seems to be dealing with the drilling efficiently but I remain very concerned at the potential for setbacks as this 4km deep hole progresses towards completion. I was hoping that today's ann would include information on current downhole lithology but it didn't. At this depth they should be in granite I would think. I can't recall the depth to the unconformity in the other two holes.
 
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