HGO 3.13% 6.2¢ hillgrove resources limited

bird's head - driilling at last?

  1. 3,666 Posts.
    I almost fainted in disbelief. The Indonesian Government finally giving approval for drilling to take place at BH! How long has it been, two years..? What a great jurisdiction to be exploring in. All the geology in the world matters little when it takes over two years just to sink your first hole into the ground!

    Now all HGO and its JV partner just need to do is convince the locals to let it happen "PT Akram will now undertake further consultation with local stakeholders, with a view to commencing the process of mobilising drilling equipment to test the West Delta porphyry targets.

    But this is the bit I liked. DS saying that "the Indonesian Department of Forestry permitting process is methodical and rigorous, and we are pleased to have been able to satisfy their requirements, and those of local stakeholders."

    'Rigorous and methodical' lol.

    Just let us sink a couple of deep DD holes into this (white) elephant. Then we can either give up on what is an expensive and distracting pipedream, (or else make a company-making discovery and flick it on to those big boys who supposedly are taking an interest).

    Indonesia - what a joke of a place to do business.

    Yaq
 
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