Agreed that the Paralana region is semi desert BUT to get into the Paralana area you have to traverse areas that are subject to wet weather. If you go back to the PTR Ann to the ASX on 28 March 2011 you will note that the Paralana 2 was delayed by 4 weeks due to heavy rains.
I am sure that we do not need to incur massive stand by rates for the drilling rig sitting still and doing nothing. I seem to recall that we are using the same rig as for Paralana 2. If this is the case we probably are sitting in the queue waiting for it to finish on other projects.
Drilling the next hole is the next major milestone and it is reasonable to think that the drilling date had been set. I just like to know that progress is on track for the year to come.
Regards kippax
PTR Price at posting:
9.4¢ Sentiment: Hold Disclosure: Held
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