this is the lastest ann. from BRU "issue of bonus option" about the testing of SB
"The joint venture parties to the R1 permit containing the Stokes Bay 1 well agreed in September 2008 to a testing program for the well. The testing program is designed to evaluate the reservoir fluid and character and flow capacity of the cavernous reef system in the Nullara Formation encountered by the Stokes Bay 1 well. The testing program is expected to commence in October 2008".
this is absolute rubbish from this company! first it was suppose to be the start of the dry season, then expected at the end of September now "EXPECTED" to commence October - when in Oct, this is BS and the way they are going there is no way they will raise another 50million by those bonus options being excercised at $.94. For some reason i still hold but been a very frustrating 2.5yrs holding ARQ now BRU.
Also Yulleroo 2 and Valhalla testing will not be tested this season - what a surprise! once again what a load of BS
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