Yer, I don't think it is over yet. I keep reading the announcement and I don't believe it is a duster at all. Why would you proceed with Phase 2?
The announcement has very little information and no timeline on next steps. I find the wording a little confusing:
Unnecessary to do the Rapid Resource Assessment because they have plenty of 'sweet spots'?
If they are still scoping Phase 2, then an announcement in time for the options is unlikely.
From the operation update last week:
Awfully confusing and I think Tino may have had one to many over the weekend...this doesn't seem to be an announcement you would release to the market with only 1-2 weeks to go for the options. Tino can't be that blind...and the fact they have had this for almost a month 'in circulation'.
Ann: PEL 182 - Results of SLB Geomechanical Study, page-46
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