Hopefully the news should co-incide with some relief from the general market, bringing buyers to the show. Announcement for effect, if the timing is right.
If the test results are good they can estimate the reserves in place, and as the aerial closure is extensive. It would be like sitting on a gold mine.
If the crew have been baling, they should have moved a fair bit of mud out of the well already. The N2 treatment will move the remainder faster.
Notice from the annual report that the top 20 shareholders contain some big hitters. Greg Bierne is no longer the majority holder. The volume of sales recently although at 8 cents has been thin. The main players mean business.
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