CND 6.06% 3.5¢ condor energy limited

run, page-87

  1. 365 Posts.
    According to my sources (up to now they have been reliable), I understand that AEC (the Canadian outfit in charge of the drilling campaign) are now going to kick off drilling in early January. BKP's EP 127 Macintyre#2 should be drilled during February 2011.

    This would take a little pressure off Ryder-Scott to get the report out.

    While I am a little annoyed at the delay (interesting we have not had any announcement on the ASX although BKP should be aware of this), it should not a big drama as the drilling shall still occur and we should have the estimates out to help encourage interest in the New Year.

    I have not sold (happy to wait an extra 2 months - a nuisance but given the probable profit to be made here, I can live with this) and hope to pick up a few cheapies if the punters get impatient.

    I apologise if I am wrong but this is what I understand to be the case.

 
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