drilling

Drilling is to commence at the HAB3, though getting all the boxes ticked (safety, etc) has taken slightly longer than expected. EWS crew have been fully trained, with full support from Le Tourneu, and are ready to commence drilling the well that will draw national media attention. Management seem confident that drilling will commence early this week.

A good month for GDY is probable, even if the wider market continues further into the red. After the flow test, the market could crash harder than '87 and it wouldn't matter - renewable, competitive base-load power with attract investment dollars in a frezy of enthusiasm. This company has the potential to catalyse Australia's energy shift, by providing the means to reduce reliance on coal as the only dominant power source.