It is good that they announced where they are up to with testing but the timeframes came as quite a surprise..going on past performance if they are saying testing will start in late June/early July then you can pretty much guarentee it wont actually start until August at the earliest....further cap raising seems inevitable at this point...
i am out today and staying out...with drilling on PB2 i made back the money I lost on PB1 so I am just about even now and I am out for good....been led up the garden path a few too many times by GDN
They pulled the drill because the bit got stuck or broke off or something and they had to start a fishing operation (see the announcement at the time drilling was stopped)...can you imagine the imopact on the sp if they had announced that at the time given the history of PB1!!!!!
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