BNL 16.7% 0.7¢ blue star helium limited

Ann: BBB 33 Drilling Completed and Rig Mobilised to Bolling 4, page-66

  1. 378 Posts.
    lightbulb Created with Sketch. 24
    took another look at the announcement and my reading is it would take a week to try and remediate the well. they would however only update the market if there is a material change to well status

    https://hotcopper.com.au/data/attachments/5941/5941487-2351c8ab918cdd1e319b7d8c082e2098.jpg

    Given it is now past a week and the market has not been subsequently updated - do we take it that the remediation was unsuccessful?

    Just reading the announcement verbatim it seems like were ensuring they would not have to announce further bad news, only if they pulled a rabbit out of the hat.
 
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