RE:RE:RE:We really need a PRThis is a game for big kids. The company isn’t going to hand out lollipops every time the share price pauses or softens. The stock is holding up quite well in my view with strong support in the low threes.
We know that 6-2 is nearing completion, as reported on Tuesday by the local news media. This will be followed by at least two weeks of down-time while they re-situate the rig and supplies.
I don’t have visibility on 2d seismic, but we can expect confirmation of permitting very soon.
Establishing a strong social licence is critical to our success. That includes integrating a high percentage of locals into our workforce, which initially slows things down. Have patience while people are trained.
Don’t anticipate drilling results until at least mid-July, assuming they stay on script and run all three holes before releasing.
Opening up a world class basin takes time, but I’m confident that investor patience will be generously rewarded.