Tevet Deep target should have been reached over the weekend provided drilling went smoothly .. so we could see an announcement tomorrow. ASX is trading tomorrow I believe and its not a holiday in VIC, WA or TAS (only NSW, ACT and SA).... so its possible they will announce tomorrow .. or do people think they will hold it over until the regular Tuesday update (given that it will be a quiet trading day on Monday)?
A Cretaceous discovery would be warmly recieved by the market but I would expect/hope that the downside on a dry well would be minimal. With production looking like being earlier than anticipated any weakness in response to exploration failure will be seen as a buying opportunity by longer-term investors IMHO.
Good luck all
H
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