Thanks for the responses. Avoiding the water altogether on future drills does seem the most practical resolution (as mentioned in their announcements). Assuming they are able to avoid the water bearing structure on future drilling and what water they do come across is minimal and has little effect on production. All seems very promising provided the water does not cross into any zones above zone 2.
With fraccing dates now confirmed I’m really looking forward to results in two weeks!! And given there was no sell off after yesterday’s announcement (I was expecting those few traders to bail as they were probably hoping to trade off a spike on news and didn’t occur) I’m expecting the SP to find new support at 3c by Thursday with a possible new high into the 4’s by end of fraccing with successful results eminent! IMHO.
Lol...What games does that 2mil thinks they’re playing! Trying to accumulate I’d say.
Cheers,
Arkie
TSV Price at posting:
2.8¢ Sentiment: None Disclosure: Held