The last timeline has them drilling three wells this calendar year, but there's no way that's happening given they haven't even mobilised a rig yet (and possibly don't have the drilling approvals yet). And Fantuzza was dependent on a farmout that didn't happen, anyway.
So the next news I'm expecting is that they've got a rig organised for early next year to drill Canolo and Zini (for which they have the farmout) and hopefully at least one other target (not sure which one). Then sometime later in 2013 we might see some production from Bezzeca.
PVE Price at posting:
15.5¢ Sentiment: LT Buy Disclosure: Held
