I think it is perfectly reasonable to consider delaying the reserve 'upgrade' for Bohena. reasonable when you consider they havent advanced it very much at all. It would be a waste of money submitting a bunch of intermittent data to NSAI. They need continuous operation to demonstrate performance.
It looks as though they are not getting where they need to get quick enough. The very moderate increases in flow from the BWindi pilot are postive. We should only be concerned if they have peaked - steady increases given the assumed restricted ability to strip the water pressure from the seam is a very very positive sign in my opinion.
Was that Tintsfield pilot targets not include in previous reserve statement and the resource statements??? A clever discernment.
SF
ESG Price at posting:
83.0¢ Sentiment: Buy Disclosure: Held
