TEX target energy limited

Bandito report on Wednesday (6:OOAM Wednesday US CT) was 546...

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    Bandito report on Wednesday (6:OOAM Wednesday US CT) was 546 meters to go AND wireline logs being run at this level. This means that they are testing the well (and we are hoping for good news). Assuming that they are drilling at a constant rate of 125 meters per day then they are currently are around 270 meters from bottom of the well (11:00AM CT 4th July Friday). Continuing at this rate they will be at the bottom of the hole somewhere around 6:00PM (CT) on Sunday. That is about two hours before the market opens in Australia on Monday morning. This makes a small allowance for testing of the well, but if all goes well we should get a report on Monday or Tuesday Australian time Good luck to all longs
 
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