I decided to bite the bullet and sell out at 0.8c after all, before others do. I just can't see anyone wanting to pay 0.9 or above based upon what was in this announcement. There'll be no more drilling until after the wet season, so that means nothing to prompt any interest for many weeks at best and there's the spectre of needing more cash by year's end - at what price next time? It's a big disappointment but better to use the money somewhere else where it might appreciate. A few months ago this looked a fair risk based upon the amount of drilling planned but the results of it all are nothing short of disastrous. Oh well, I can't complain too much, since I've made money here in the past. Best wishes to all you long term holders - if you're still around. Most of the old timers have been absent from this forum for a long time so perhaps they did go a while back.
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