JGH 6.12% 4.6¢ jade gas holdings limited

Ann: Jade Commences Six Well Drilling Program, page-2

  1. 90 Posts.
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    So 2 this year and the other 4 next year. The drilling will take about 25 days to get to 850m.

    I think we are going to test 6c until positive news comes out and if the first well is a bust then it won't be good. Longer term when all holes are drilled I am sure given the region JGH will find some gas. Could be 6~9 months before we get the results from all 6 locations.
 
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