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19:15
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Originally posted by johno557:
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There a total of three seperate permits that have been submitted thus far Enterprise, Galactica, and Pegasus. Obviously we are focusing on Enterprise as its well advanced in the pathway for it to be granted as the hearing date nears, the other two are in initial stages and where submitted late june (see quarterly report) my take on what management are saying is they are keeping thier options open to which one they drill first. Galactica in fact posses less risk as it contains a previous drill hole that hit substantial volumes but was plugged and unfortuatly records lossed. This decision of which one to drill first will probably be dependent on two factors 1. Money on hand 2. Timing (Time it takes to grant permits)
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I think you might of nailed it Trent, sorry Johno.
I posted earlier that Trent used words 'if' and 'may' when talking about Enterprise that made me think they have other ideas. Your observation regarding the potential grades at other sites is a good one Johno.
(20min delay)