In the ADE presentation dated 20 November 2009 the company wrote “ ADE is operator, to drill Pirie 1 well in First Quarter 2010”. That was only 20 days ago.
In the AKK chairman’s address to shareholders, dated 30 November 2009, it was written" “It is expected that a rig may be secured for drilling in the second quarter of 2010” http://www.asx.com.au/asxpdf/20091130/pdf/31mfb59vbz68mv.pdf
I wouldn't mind taking a little punt on this but would like to try narrow down the timing.
AKK Price at posting:
5.7¢ Sentiment: None Disclosure: Not Held
