While it's good news that Central are regularly reporting now and drilling is going to continue, the program will now have slipped at least 6 weeks, so well testing won't be done until somewhere between the 2nd & 4th week of November (ie. after the AGM).
Be interesting to know if we can book Range reserves before then. Full interpretation of the current drilling results are "expected to be in Q3 CY2019" (read 30 Sep), but unfortunately Central rarely hit their drilling schedule targets.
With the SP sitting almost exactly where it was 12 months ago, it's hard to imagine some kind of catalyst for change isn't coming. The question is, will it be positive or negative? Surely we must be in for some positive news for a change.
Thank goodness we're not all holding our breaths, like we did; - when we waited for Mereenie drilling - when we waited for PV13 results - when we waited for Ooraminna - when we waited for NGP hook-up
The good thing with Central is however, we can all expect the unexpected...
CTP Price at posting:
14.0¢ Sentiment: Buy Disclosure: Held
