Yes. I am aware of that. My understanding of Tuesday's announcement was that the well had reached 3181MD (and no actual testing done.) The plan was to drill to 3400MD and then commence testing. The drill depths listed were those completed as of Monday. The average daily progress made was around 140 metres per day over the previous week. Therefore one would expect drilling Tuesday and Wednesday to reach 3400MD. That means testing would have commenced late yesterday or today. RIA stated that once drilling and testing was complete,they would inform the market. Happy to be corrected if my understanding in wrong.
RIA Price at posting:
30.0¢ Sentiment: LT Buy Disclosure: Held
