I rang the company today SatV and asked this question. I have said here before, I personally am in no rush, preferring financial stability over cash burn at moment. I spoke to both of the Garlings. Chairman passed me onto son. Nick Garling said there will be no resumption prior to Christmas. They will drill a short hole from 9th floor to determine info on the reefs between the current extent of drives and earlier Maxwell, Sydney reef holes. In addition their chief geo has just been released from hospital after urgent open heart surgery which was a delay. He said 1c options issue information will be posted soon.
MCO Price at posting:
10.3¢ Sentiment: LT Buy Disclosure: Held
