Correction: Should have said "I wouldn't be against there being an issue".
I suspected there might be a problem when they were first drilling at Merredin. From 600m-800m I don't think they were drilling at anywhere near the GS3000's potential. I'd say alot more planning has gone into the re-drill and am confident any similar problems - such as well-head pressure - will be minimalised.
I expect water will no longer be an issue, and that was was a problem last year.
CKK Price at posting:
20.5¢ Sentiment: Buy Disclosure: Held