Looking forward to our resident Geologists giving their unabridged thoughts and reviews today, over what has to be viewed as a very positive announcement.
Tool failure now fixed, and drill bit replacement under way. Interested to know how long the drill bit exchange can take? One poster suggested the drill bit situation and the mud issues may be viewed as a positive, with re to hitting reservoirs etc?
Will be interested to hear what our learned friends say.
Re share price today on what appears will be another red day on the ASX overall. I am not buying these crazy predictions of over 20c close (one poster even suggested north of 25c!)
I will honestly be happy if we close at 16c or above, as there will be the sophs and profit takers selling out on the good news. Should be a great flush out today. Volumes today wi0ll be interesting too.
Imagine NI will release an email later this morning to push it a little more.
Happy with a slow climb north with a 16c close….. but even happier to be proven wrong!
GLTAH.
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