Are you suggesting it could be a “use it or lose it” type scenario on the south-eastern tenements? The aquifer and associated water rights are certainly an asset when it comes to production.
I’m also not sure on the legalities for easements in Argentina when two neighbors are drawing off the same resource. Happy to be schooled on that issue.
However I’d be highly surprised if GXY are drilling four holes to 300m+ just looking for water. They stated in previous quarterlies they are looking to extend their resource in the area.
GXY Price at posting:
$2.17 Sentiment: None Disclosure: Not Held
