The program is a guessing game and with GDN management's track record on reporting we will be hung out for news every week.
I recall the intitial drill rate on Para 1# was very slow - literally feet per day, week after week. This bigger rig may allow better drill rate but lets not hold our breaths.
I will review the previous Para 1# drill rate regarding its first gas encounter and attempt to guess when we might expect a first show report and post it. Its difficult when we don't know (other than to assume somewhere after 2 Feb.)when the rig actually commenced drilling.
GDN Price at posting:
5.6¢ Sentiment: Buy Disclosure: Held