Surely it is an issue that it has taken Hawkley 90 days from TD (on 25 September) to say that it is preparing to test - PREPARING, 90 DAYS! THAT IS OUTRAGEOUSLY LONG.
Preparing to test, but when will it test? And can it, realistically, get the well on production within the next 5 weeks to meet its target of Q4?
Tests are always carried out over specified/planned periods, so why can't Hawkley give a date for the start and completion of the tests instead of saying that results will be reported in due course? No hurry shareholders, we'll just amble along at a snail's pace while you pay for it.
And will production be into the new plant that has been promised for 18 months? or into the old plant that we are repeatedly told is inefficient and costly?
Yes, give them a chance, fair enough, but they have had dozens already.
HOG Price at posting:
19.0¢ Sentiment: Hold Disclosure: Held
