Waraga should be at around 1300m+ by my guess. That's below the level of the oil discovery in Mputa .. and HDR says the geological strata are identical at Waraga. So we should have some indication of whether HCs were encountered while drilling at least.
The other possibility is that they have had drilling delays and have not made much progress. Trading today is giving no clue IMHO.
What's everyone else's expectations?
H
HDR
hardman resources limited
what's everyone expecting in today's report?
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