Disappointing price action notwithstanding (on very modest volumes), there is plenty to suggest they are seriously pumped with these ET drill 'results' thus far.
1. RH was assigned to talk at the RRS conference - why not RB or even Dr JW? (RH is only a consultant, after all) - yes, part owner granted. But still....
2. They would be well aware the 'OA series of listed options expire on October.
3. They've seemingly elected to stop drilling with the JS rig.
4. There is no suggestion they're ramping up exploration elsewhere hurriedly to generate some 'excitement'.
Draw your own conclusions.
Disappointing price action notwithstanding (on very modest...
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