Ann: June 2021 Quarterly Activities & Cashflow Reports, page-45

Tinstuff - Thanks for your response. You mention the ICG thread and I assume you are referring to a series of ICG posts on 7.5.21, shortly after AGES 2021, where Kalenn says he thought NCM were drilling in 32299. He didn't say why and he is clear that he is not certain. So I think that remains the position - uncertainty on the whereabouts of Lantern and Sabretooth.
I got the name "Gulunguru Fault" from this image posted on ICG by Kalenn on 12.8.21.



It is the fault you refer to as running through 32300, 32299, 32306 and 32303. If Lantern and Sabretooth are not in 32299 but rather in NCM's 32302 (below 32303), and if they were drilled on or close to the major fault (below Gulunguru) that runs though 32302, then positive results would impact ICG rather than SER, ICG's Mt Lamb and Roadhouse targets being on that fault. Positive results from any of NCM's drilling will be positive for all ET players. Perhaps NCM will release some information in their next quarterly.

Yes, the slippage in schedule for both ET and Canobie drilling is disappointing - the Jan presentation timeline gave Jun for ET, and Jul for Canobie. We'll see whether David DeTata taking "responsibility for day to day operations including multiple imminent drilling campaigns" makes any difference to their ability to make reasonably accurate predictions about future work timing.