Lets hope they have a better run than the last batch, which expired virtually worthless(personally I realised my largest tax loss ever).
Before expiry we should have progress (if not completion) of the 1MW plant (and all associated mega-publicity), completion and mechanical stimulation of JOL1 (including reservoir development at shallower depths than those of HAB1/HAB3), spudding and possible completion/stimulation of SAV1 (and,less likely, the spudding of JOL2), and, of course, the all-important closed-loop circulation test between HAB1/HAB3 using the reduced-depth fracture system (further fracture systems are likely to exhibit higher temperatures due to greater depth).
An excellent period over which to issue options, in my opinion.
Cheers
RNE Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held
