Ok ok Before everyone starts having a go at each other lets have a look at what we know through investor updates and past announcements.
Firstly in the investor update released June this year on page 5
Remapping of 430 based on drill results was started back in mid April and is due now
Work-over rig due to be released about a week ago
And on the 25th of March this announcements was released
PTA 3 Completed for Production Block 330, Sergipe Alagoas Basin, Brazil
And paragraph 4 states Gavea will apply to the ANP (National regulatory Agency for Oil & Gas) for an early production test which should be obtained within three months. In the recent past ANP has approved such tests within eight weeks.
So these should be the due announcements and due now. No hype and not ramping, just going off what the company has released. And this fits in with the next few days.
cheers
ERH Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held