NRZ 0.00% 1.3¢ neurizer ltd

Ann: Voluntary Suspension, page-47

  1. 5,714 Posts.
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    Well folks we are in limbo.
    The good news: if anything adverse has happened the company is legally obliged to tell us ( says so in the rule book). That hasn't happened so we can safely assume we are on track to flare.

    Delays happen, equipment breaks, drill strings snap, earth and rock misbehaves. If they have a down hole problem to fix, it can take half a day just to get the drill string down to 600 metres.

    Because we haven't heard anything I am guessing a routine problem on site that needs resolving before lighting up.

    So, annoying but not a problem is my guess.

    IMO
 
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