Update this Wednesday, page-26

As I've said a few times we are kidding ourselves if we don't think the mkt already knows the results of this drilling campaign (HPX dump of course one of many red flags in this vein). It's clear the extreme underperformance occured as the last drills were pulled from the ground, and nothing was sighted. Chemical analysis is also clearly struggling to find anything that could be remotely called "interesting". We and HPX both drilled the wrong spots it seems... 8-(

I am not saying it isn't cheap, but we're not going up based on anything coming out of AON releases on what looks a dissappointing drilling campaign.. I don't use the word failed as it will still be important data for future plans, but we need to move on from looking ahead to these much delayed drilling "results".