COI 2.50% 19.5¢ comet ridge limited

Strange that we have heard nothing from our management who are...

  1. 142 Posts.
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    Strange that we have heard nothing from our management who are usually ‘on the button’ with regard to information flow – this tells me that this is either a ‘non event’ in their eyes with the rig operator playing ‘catch up’ and due to arrive on site shortly - or – serious discussions could be going on behind the scenes about which they have to remain ‘tight lipped’.

    Either way is no problem for us investors – the first will resolve itself – the second will bring us news that should make us smile.

    The only potential issue is that if the delay on drill arrival/intended spud is down to us then there may be some financial penalty imposed or worse still the rig could be mobilised elsewhere if the anticipated delay is open-ended.

    As always – I’m sitting tight knowing that whatever is going on – we have a decent and experienced bunch at the ‘helm’ who will look after our and their best interests.

    IMO a T/O is not a matter of 'if' it's just a matter of 'when'....
 
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