One could be excused for thinking the mistakes continue - like the track clearing and site preparation was expected to take just over a week - from either the 17th or when it actually commenced. One wonders if Tulla were notified when the site was ready or after the additional track to the additional site was completed. We will never know. Meanwhile there is no rig.
BOD were hopeful drilling would commence by 31st - we are now 20% extra time beyond that and counting. Meanwhile the illiquid trading continues and until we are actually drilling then don't expect anything higher than the recent 2c mark - which is way below the VWAP AT is to use to cut out the $500k loan plus interest.
cheers
ICG Price at posting:
1.8¢ Sentiment: Hold Disclosure: Held
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