BLU 0.00% 0.8¢ blue energy limited.

Is it just me, or do others sense the production testing is not...

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  1. 802 Posts.
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    Is it just me, or do others sense the production testing is not going to plan and the co are being extremely untransparent?

    "Since the end of the period and just prior to the report date, the decision was taken to perform a Pressure Build Up survey to assess the pressure connectivity between the Sapphire 5 and Sapphire 6 Pilot wells"
    Why???. And why are the flow rates still below what they were at the start of May?

    Is there anyone with experience in this type of testing who can provide some commentary on the current status?
    If there are issues being experienced with the testing that's one thing, but if the company is deliberately trying to hide these issues from shareholders that's an entirely different proposition.
 
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