CNX 0.00% 7.4¢ carbon energy limited

miss target?, page-2

  1. 46 Posts.
    good point stocks.

    from the info supplied, it appears this announcement is:
    1) purely based on current drilling
    2) exc. EPC868 (which had a target of 340 – 680 MT)
    3) fell short on EPC867 (target of 2,000 – 4,100, reported: 678.2)

    With 1) & 3) in mind, my guess the May target included future drilling programs at these sites? As AD mentions "Over the next 6-9 months we anticipate adding substantial value to these leases through scoping studies and a targeted exploration program"...

    Anyways, thats how im reading into this announcement.. anyone elses thoughts would be appreciated.


 
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