I recieved notification from Public relations that as of the 18th Perth time drilling of cement commenced at 650 metres. Normal practice is to set a cement plug in the old hole up to required level before commencing new hole. Based on this I guess we could expect to be at 1000-1100 metres by Tuesdays weekly announcment. If no more problems we should be into hydrocarbons within 3 weeks or so allowing for 70 metres depth per day. I have continued buying smallish lots under .39 cents. Although the delay is frustrating, patience is the key as always IMO.
=
RIA Price at posting:
38.5¢ Sentiment: LT Buy Disclosure: Held
