They said in the Notice of AGM that the renewal of the Stitch licence should happen by the end of May - you would imagine that STO wouldn't do any work before that happens.
STO then have to do or interpret some seismic to optimally position Stitch & then secure a drilling rig - can't see them drilling it before August at a guess.
Annual Report should be out early this week that may give us a better idea & of course the quarterly later in the week.
Still holding for better prices later in the year but delay in BC drilling is unfortunate as holders will look for something else in the meantime which will present an opportunity for the patient.
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