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funny, i read the statement about testing for extensions another...

  1. 15 Posts.
    funny, i read the statement about testing for extensions another way... (btw, i hold and am not trying to ramp either way)...

    Why would they announce that they're testing for extensions without having released the first round of results?

    overall the ann had a very positive spin, and without announcing anything really conclusive, they've set up the fact that there is a programme of drilling moving forward... could this be a set up for average results of the first drilling programme (ie, we didn't find much first time around, but don't worry, we're still looking!)

    As I say, i hold and I would love them to have found a significant commercial resource, but I wonder a bit about the timing of this ann.

    surely a good initial drilling programme ann, followed by positive follow up drilling (this ann) would have been a better way to leverage market confidence... unless the first ann isn't coming?!

    anyway, i hope i'm wrong... guess that's the difference between glass half full (shot) and glass half empty (me) !!

 
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