habanero 3, page-11

In the two weeks since the last progress report, drilling has progressed at an average just under 20m a day. Drilling the remaining 323m will need 17 days at this rate. If we let optimism rule, we can assume kashga's "7 days to run the casing and cement it and install pressure control device (BOP)". After then we need to drill the final 192m through granite. Drilling conditions will be difficult with high temperatures and overpressurized conditions to contend with. I suggest 10m a day under these conditions will be good going. This means another 19 days giving a total of 43 days until drilling is completed. All this assumes nothing goes wrong,there is no break for Christmas/New Year and operations run 7 days a week. This takes us to Jan 30 2008. Options expire the next day and the company will require cleared funds in their account by this date.