no news is good news

The main risk here is the drilling/well being stuffed up.
If this was the case they would have had to announce it. They are still drilling. There is nothing to announce until they strike gas/oil. If this happens the SP will go over 20 quickly.

If no gas is found they would have to announce that too. However, 2 weeks of drilling is still required.

No announcement means good news as there are no delays. Management cannot blatently decieve shareholders by holding back bad news. They could be prosecuted.

Some nervy traders are sellig because they feel that if gas was discovered they would announce. However, drilling is underway and this could happen anytime.

Goodluck all holders.