"What i'm getting at, is that I think the application acceptance may be quickly followed with the farm-in ann. With the 3D survey, Ramform Titan was actually on the block commencing 3 months from the extension being granted"
This makes sense Jibby, especially as the 'Nation building' impact all of this will have on Namibia.
If I may take a stab at some potential dates based around Ernie's comments in July 23 and your sequencing above:
Prior to Year End:
1. Application Acceptance (Nov 23) 2. Farm In Announcement (Nov / Dec 23) (as per Ernie's estimate in the interview with **promotion blocked** in Jul 23) 3. Final 3D data delivered (Dec 23) 4. Drill Date Announcement (Dec 23 / Jan 24)
Based on your example of the RT being on station in 3 months this could potentially mean:
2024:
1. Target selected (Jan / Feb 24) 2. Rig on site (Feb / Mar 24) 3. Spud (Mar / April 24) 4. Results public (May / Jun 24)
Plausible or perhaps a bit ambitious?
PCL Price at posting:
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