"they should be calling NEO and asking why NEO think it is acceptable behaviour to raise money on a promise of drilling in June/July and now we are heading into September with no drilling." In many respects stuverine I agree. I find it very annoying that there is no real progress on getting Guijarral Hills #1 underway when the indication was that it would be spudded in late June.
There certainly is a credibility issue involved when something is indicated and then not delivered. While we can understand that there is a great demand for drilling rigs it is frustrating to be at this stage and there is no word of a rig or a fresh spud date.
Okay we want a capable drilling team and a decent drilling rig. I'll accept a bit of a delay if we can get a really good team but it would be good to have a definite date now. Some updated comment would be good.
NEO Price at posting:
0.0¢ Sentiment: Hold Disclosure: Held
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