Following on from my post last week i still reiterate that management need to be more forth coming with their ASX releases, especially in light of the enormous lead time in their drilling time frames.
The share price indicates that #2 well could well and truly be a duster and so far the news from our CEO has not given many shareholders any confidence.
He did state however that it was running at "COMMERCIAL FLOW RATES" but was unable to state at what level and that testing was continuing?
There has been a lot of unfullfilled statements from the CEO, eg AIM listing, looking at other opportunities etc of which to date non have been carried out?
#2 well was to be in full production in December 2012 and the way things are progressing at a snails pace, that now appears to be very doubtfull?
Let's hope we receive a comprehensive report on the success/failure of #2 well prior to Xmas closure and of course the commencement of production at our own processing plant?
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