RNE 25.0% 0.3¢ renu energy limited

report, page-2

  1. 286 Posts.
    I don't see any reason why they can't be there by tomorrow, the only thing is some unforeseen like a twist off from jambed pipe, (a problem that is possible in pressured granite), or lost cones from the bit etc. But these problems are less likely with the larger hole size they are drilling, allowing the use of more robust drill bits, and larger diameter drill pipe. This after all was one of the reasons for drilling a bigger hole.

    Rest assured if the unforeseen did happen (touch wood) the share price would no doubt drop but they now have the means to solve the problem, and carry on.
 
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