Well, MEO laid the whole scenario out there...a slight set-back of about $10m. I believe that it's not the error but how one recovers!
Hopefully we can drill through to the GWC at 4260m, set the narrow un-cemented slotted liner and really production test Heron North...
It seems as though the crew will load-up the water based mud and go for broke on the drilling. Keep pumping the mud down that bloody hole and drill like there's no tomorrow!
I'd say it will take about 10 days before we recommence production testing the key Plover intervals. We should get some well update on Friday.
Truth is, if the JV walk from the results they have to date, others will move in and do the same thing they're doing now.
Keep the faith!
MEO Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held
