GDN 0.00% 1.7¢ golden state resources limited

close to casing point yet, page-5

  1. 15,518 Posts.
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    It seems at this stage like they are going to reach Ismay well ahead of their own schedule, as indicated in the PB3 ann from 1st Feb. Curious, as they would have had very precise information of the geology and drilling conditions.


    "Drilling of the PB#3 production well commenced on schedule on 27 January 2010, with
    the production zone in the Ismay Formation expected to be reached within 55 days."

    Were they just being very conservative or playing it cute?
 
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