10-14 days of drilling means anywhere between 600 to 860ft of drilling per day to hit 8600ft. First target 6500 which puts us anywhere between 7.5 to 10 days of drilling before our first target is reached. After that it should progress pretty quickly with 2-3 days of drilling left to reach the rest of the targets.
Wondering if they'll announce any hits along the way or wait until the well is suspended to go into a trading halt to then release it. Guessing around the first target we could see a trading halt. Otherwise watch the trades in 10 days time to see if any obvious big buys go through and we'll know prematurely. Feel free to correct me if i've made a mistake, I just sketched this up on my lunch break
Ann: BOWSPRIT-1 RIG ONSITE AND RIGGED UP, page-6
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Last
0.7¢ |
Change
0.000(0.00%) |
Mkt cap ! $1.366M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 3431912 | 0.6¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.7¢ | 1606386 | 4 |
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| Last trade - 10.10am 16/05/2024 (20 minute delay) ? |
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