Just spoke to Mr kain. He mentioned that SPP will be taken up (meaning by underwriters) if not enough shareholders apply.
He thinks that this trap fault is a great thing as it has delineated a gas reservoir!! The testing will start next week and will take approx 1 week for each well!
Regarding JH 1-1, he mentioned there were disagreements how it should be tested and the operator left. They are replanning it and could not give any definate dates!
NEO Price at posting:
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