whats happening?? They should have started drilling within minutes of approval? Drilling a 500m hole should take about 2 days max with a half decent rotary oil rig.
My opinion is that they have already finished and waiting for the results.
If results are good then a trading halt and capital raise will follow immediately with no chance of any huge share price increase.
If not good they must have a plan in place to stop the inevitable share price crash, because i think these guys are planning outcomes very carefully.
Also the Tanzania Mining and investment forum, that ends today (tomorrow our time) might have something to do with it? How can they attend this with bad news? better to keep the excitement going.
Maybe some other reason but I don't think so.
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