We have 100m more to finish the section. I think it take a day to do that plus about 3 days max (if smoothly with cleanup, casing, cementing) to be ready for the next hole. So by the end of this week, we should start next hole section. The next hole section could be slow drilling, looking at 100m/day average. At best we could TD by the 9th Oct report. At best we could have wireline log results before the SPP deadline but probably not a DST.
To be honest, MEO shouldn't throw this SPP in at such a tight time scale. However, as HS-1 is low risk imo and the sp will hold well.
MEO Price at posting:
21.5¢ Sentiment: LT Buy Disclosure: Held