General discussion, page-368

I think the drill program is going well. I personally believe they have put too many holes into the "swell zone" from the current pads. If I were running the campaign, I would have put an emphasis on permitting the new holes to test the swell zone from a different angle. While the permit was in progress, maybe test some more exploratory targets or do in-fill drilling to convert parts of the resource to indicated.

I have to note, these are just my observations from what CRR has announced to date. Seeing a dataset in 3D may change my opinion dramatically. I have faith in the geological team, I just hope management hasn't been affecting their targeting sequence. I'm sure we've all seen it in the past where some drill holes feel like "management specials" just to boost share price. That's personally how I feel about the recent "swell zone" drilling.