2-3 days to run casing and cement and set, another day or so to set the BOP, not sure how long it takes to pressure test BOP call it a day so 5 to 6 days minimum, IMO, so its likely they have only been drilling for 1-2 days. 600m to bottom of casing another 250m to top of 200 horizon [ 850m ]. 10 days to drill to 600m from spud so I'd say at a guess they are probably just above the 200 horizon atm. Drilling 1600m from bottom of first casing could take 3 weeks based on 600m in 10 days....fair bit smaller hole though so should be quicker than the 60m per day for first section, assuming nothing goes wrong........ So unless they get a kick it could be up to 3 weeks before news. Someone with drilling experience care to comment on the above?
IVZ Price at posting:
18.3¢ Sentiment: None Disclosure: Held
