SkyRain,
The key objective of the well is to get a "discovery". This delay increases the risk that we don't get that:
1. Financial risk - the cost of the drill rig and other staff, which has been mitigated by the decision to drill ahead
2. Well hole integrity - the hole may degrade over time, drill mud may permeate into the porous rock, or they may strike water drilling ahead.
3. Drill rig - the drill rig may suffer equipment failure of some sort, or the drill may get stuck.
As shareholders, we need to get the IVZ announcement that meets ASX's conditions for a discovery.
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Ann: Preliminary Wireline results shows Multiple Potential Zones, page-139
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