Sherritt drilling 15kms from our border. About half way through and expecting to see a result in about a months time. So nearology may be a little kicker here ? Happy with Cuba - land/drill rig access is very good, hope to bring drilling forward to early 2018 which is well before our commitment. Still a heap to do/play out beforehand.
Beehive - As mentioned previously in discussion with a few parties. Hoping for a farm in early 2017 ?
Planning to re enter Puka production drill pad in N.Z. by going deeper for another target. If there is success here ? then expect cash flow early 2018 ? due to existing infrastructure in place giving us a head start
Tassie Shoal - Nothing happening short term here !
That's all.
MEO Price at posting:
2.7¢ Sentiment: Hold Disclosure: Held