venture sidetrack budgeted

Livingstone have announced that the South Flank No.1 exploration has reached a depth of 11,000 feet but had not intersected the primary fault trap. The decision to sidetrack the well - expected as a contingency and budgeted for already - will see a 10 day delay in posting final drill results.
Clearly this is not what the market wanted to hear, however the sidetrack drill was expected and should not deter longer-term LPL holders from their expectations regarding the profitability that the Solimar holdings will produce. Indeed, at least we have a firm time line from a company who is quite transparent regarding their contingency planning.
Volatility from the announcement (I would imagine that s/termers will try to run and hide) may provide good buying opportunities for those seeking to benefit from the expected (good?) news in 10 days time.
Strap in and enjoy the ride.

(all opinion only, etc.)