We will probably get an announcement once the hoe is dug and we get results. If these are good, then the impact of the announcement will be greater.
We also may get an announcement prior to that - drilling commenced - but with markets falling (DOW down another 170 points overnight) that sort of announcement might bet lost in the negative market noise.
In any case, we are in the period where we should get a run of announcements over the next few months. I think once the first hold is done then BNL will hurry up doing the next few.
I think we have 3 or 4 more permit applications in - does anyone know where they are up to at the moment?
BNL Price at posting:
5.4¢ Sentiment: Buy Disclosure: Held
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