Looks like they are only covering the crest with a small postage stamp. Need 100 sq. kms at least to cover the whole structure by the look of it. A big chunk of the cost will be mob - demob so don't know why they aren't doing a full survey.
Also don't know why they are using some Canuck project managers - they don't know the local operational issues. Any apparent cost saving will be a false economy. Expect more delays while the Canucks work out what they are doing over here IMO. Will be 12 months before the survey is acquired IMO, then a while to drilling.
NWE Price at posting:
0.4¢ Sentiment: Sell Disclosure: Not Held