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Ann: Quarterly Activities/Appendix 5B Cash Flow Report, page-18

  1. 835 Posts.
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    Hmmmmmm I myself was expecting the rig to be announced seperate... With quarterlies, most people would not read these instantly instead would go over these after hours or a day or two.

    Would he need to announce commencement of drilling or could he have already started drilling as we speak with out any? If he did intentionally not wish to give a seperate ann for drill purchase then he would surely want to have a commencement announcement?

    Ive seen 1-2 other companies with 6-7% spod visuals etc what ever wordings they have used... then for it to all go to s.h.i.t with all but nothing in the drill results at the end of it. So either he is confident or its gonna turn into dust.

    For me this is a miss opportunity and in this report it doesn't state did he purchase this yesterday or last week or what... It also doesn't say "drilling to commence immediately or a time frame for this to state.

    This just my opinion. frown.png

 
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