If there was something disasterous in the hole they would not wait till Tuesday to tell the market what it was.
I believe it is all good and it could be quite exceptional, perhaps something they were hoping for and now found.
I believe EGO still retains Ian Paton as the consulting geophysicst to read and evaluate the data.
Ian Paton was the guy who told the previous mob where to drill GGW-1 and RG-1, the guy knows his stuff.
DYOR
EGO Price at posting:
44.0¢ Sentiment: Hold Disclosure: Held