Its a terrible market in which to try to read the tea leaves but can you help at all in giving us some idea of how long typical flow testing takes? They were making preparations to test the well (DST) on Thursday ... so is there any chance that they could have done all the preps and done the first test by now. I assume they will flow test at a range of depths and obviously in the different sands in the reservoir section. CNE at the CMD indicated they would be doing a whole range of testing and may spend up to 4 weeks doing so.
The share price is holding up quite well and volume is low ... so no signs either way at present so I am assuming nothing is as yet known.
H
Its a terrible market in which to try to read the tea leaves but...
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48.5¢ |
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Mkt cap ! $44.81M | |||
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