I hope I am over-reading things!
WE CAME FROM THIS: (NY on 19/04/2024; https://x.com/MarketOpenAUS/status/1782249804887924875)
"... We are pleased to announce to the market that the stimulation phase of the Daydream-2 appraisal program has commenced. ... This announcement indicates that we are on track to commence the stimulation part of our program, to be followed by flow testing. That part is THE Key purpose of this well. .... We intend to garner data on multiple fronts. ....Firstly, flowing coals, which has never been done here before in the Taroom Trough, should lead to material contingent resource booking. .... Then flowing other zones, in aggregate, including the zone we have already flowed, should put us on a path to commerciality. ....If that is the case, that will open up a massive new play, very well located to supply East Coast Australian domestic and international markets, so it's a really,really exciting time. ....The eyes of the industry are on what we are doing. And it could be a real play opener!..."
TO THIS: "The trading halt is requested pending an announcement by the Company with respect to the design, timing and intended outcomes of the stimulation program at Daydream-2 that commenced on 19 April 2024...."
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I hope that the changes that are needed have come due to a huge surprise on the upside! After-all, we already found gas we didn't even know existed!
Or perhaps, its now more than just the eyes but the hands or pockets of the industry that are on what we are doing, requiring some changes to be made!
Yet, I cant ignore the way the words in bold, are so interlinked!
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