My guess is that both holes turned out to be dusters. So rather than announce bad news they have gone for hail-mary DHEMs to determine just how close said conductors are, with a view to having another shot before cash runs out along with investors heading for the exit.
Would like to be more positive right now but lack of updates suggest bad news coming. Pretty shabby treatment of loyal and supportive SHs IMO. After nearly 11 years at the helm one wonders how much longer JP can justify drawing a massive salary and still no mineable resource.
Ann: Drilling Update for Mt Alexander, page-180
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