CND 3.23% 3.2¢ condor energy limited

trading halt, page-87

  1. 643 Posts.
    "FACT is the reasons for a TH are "results from a DST (dill stem test) and update on the drilling program" thats in the announcement.
    "

    Well yes exactly, I don't think anybody is saying anything different. The question is why a few day TH for that sort of stuff.

    If they are doing a drilling update (progress report) the dst would be just be made an add on to that report. A TH is not required for this, unless they intend to do this every drilling update. It should be something material, no? And why a TH over a few days? Why not wait until they have their data together and then do the progress report and or TH if it is something 'material'.

    A TH isn't necessary and especially for a few days unless they have something 'material' that they still need to quantify/qualify. This is what is being waxed lyrical on to help pass the time.
 
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