Fair criticim.
But good to have the drill bit turning again.
The COS is around ~30% (if I recall correctly from the AGM). So, I won't be getting too excited yet.
Interesting, it is 5km away, so I imagine they will need to build a short pipeline in the event of a success. Given the other potential targets, and low COS, I also wonder if they chose this location because, even if it does fail, it will give them a lot of insight into the intervening geology (i.e. between the hole and the plant). Any geo opinions/insights would be welcome.
Good to see them progressing their plans. Although I am pretty certain Gina is playing hardball, each passing week just adds to the weight of good news. It will also be good to get the reserves upgrade for ED, as that is something no one can ignore (including an independent experts report).
I have a sneaky suspicion, however, we will see some action before christmas.
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