GDN 0.00% 1.7¢ golden state resources limited

question

  1. 642 Posts.
    Hi just have a question, does anyone know once they finish drilling if the company has a testing rig arranged to start moving the smaller rig on site to start the testing straight away for flow tests and any other tests that needs to be completed to be able to announce the well is commercial from the company?

    Just we have a delay because of pipe recovery and then another 5-10 days to complete drilling once they restart hopefully. ADI finished drilling their sugarloaf project on 9th december when they released the drill rig and wont be able to conduct flow tests till later this month. Both have delays adi share price is holding up well considering the amount of time before flow tests. I realise that with gdn its different delay between the two as with gdn it is because of a recovery operation and adi is just waiting for a suitable testing program. But since the recovery operation is slow but minimal risk isnt it really just the time factor that could be causing the price to fall?

    If gdn has a testing rig already arranged and can be moved immediately on completion of drilling wont they both be starting the testing roughly around same time?

    Does anyone know if gdn has a testing rig planned or will it be a month or so of waiting once drilling is completed like adi before they will start any tests?
 
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