Hi GuysHad a chat to Peter, the main points are:AndewaWe'll be...

Hi Guys

Had a chat to Peter, the main points are:
Andewa
We'll be drilling by this time next week. The delay was a local customs official who decided to charge us a $30,000 landing fee. The debate over this illegal fee meant the barge got called away and this has delayed the start.

But Peter is very positive on the coming drilling.
He will be having all four drills running in parallel and wants multiple drills results being processed at once. SO they'll be no feet dragging on that.

OK Tedi:
As stated in the last announcement they will be drilling Bulago at the end of June. The heavy lift helicopter was required elsewhere, therefore wasn't available to lift the drill rigs in.
Also OK Tedi have been accumulating a lot of soil/trenching data that at their timing will eventually reach the market.

Side note, the pipes for the drill were a bit delayed as the company wanted $300k upfront from FNT, the joys of being a small company :)

Despite the recent SP playing, the short term outlook is very good. Expect a steady release of drilling once FNT get all four rigs running at once.