Hard to see how costs aren't above expected for the drilling. Let's see what HIOs cash position is.. A capital raise corresponding with an annnonucement is what the market is pricing. Each two month delay in the investor pack sees the shareprice clunk a cent lower as probability of a raise at depressed prices just keeps rising. Penny dreadful investing 101, it's can become ALL about the cash and the asset dissappears for a while until cash position corrected.
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