Well they should still have about 1.5 million in the coffers so one would think no. Personally I think this is gonna be huge given results to date and compared to what others in the area have acheived. Shame the seller selling into the annoucement is still there and the share price is once again sub 10 cents. Looks like a large Xmas present coming our way from Uncle Phil if these results still keep coming up trumps!!
From well two:
• Porosity/packer tests show aquifer more than 200m in depth
From well one:
From 170m to 370m assays exceeded 235ppm – an outstanding 200m
aquifer intervalAs I read it 500 metres apart. Join the dots!!!!!!!!!
Ann: Exceptional Results Achieved from Well Two at Formentera, page-10
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