It is certainly way over time.
On 25 August 2014 Strike announced that up to five wells would be in production by the end of the year, 2014 that is. http://www.stocknessmonster.com/news-item?S=STX&E=ASX&N=813365
Eighteen months later we have no production. The delays have been costly and confidence sapping. Lets hope and expect that we are finally getting there. Khopchai is not the only one who has been stressed. I could have done a lot better with the funds invested here had their estimates been more realistic.
I don't want to be talking up negatives as I beleive they are getting there but we have said before how accurate and reliable DW is. He has dropped the ball with this one and now it has become necessary to get more funding and dilute our holdings. Three gas trains are operative at Gladstone and we have nothing to sell them. We must pick up the pace and learn how to dewater a well in less than 18 months.
Yes, I am still holding. Yes I expect success but something better come soon.
Cheers all,
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