RE:5.5 more years at this rate...If you complain at least make sure your numbers are at least somewhat accurate.
The company has drilled with 1 rig since July 29, with a second rig starting about 10 days later and the third rig starting November 17. So that's around 840 drill days between all three rigs. Taking into account the worst rainy season in 100 years during which drilling was severely slowed down and a month-long slowdown due to Covid outbreak in January 2022 where the company lost almost a month of drill time, the net drilling time is probably closer to 750 days.
In that time the company drilled 25 holes (19 completed in NZ and 6 completed in BZ, with 3 more under way as per their weekly operations blog). This means on average it has taken 30 days to complete one hole per rig, ergo they are drilling 3 holes a month with three rigs = 36 holes per year with 3 rigs.
So even at current pace with 3 rigs it wouldn't take 5.5 years, but around 2 more years from this point. (25 completed + 72 holes in 24 months)
The goal based on Richard's presentation last week is around 80-85 holes completed by Q1/Q2 2023. That is absolutely feasible if they scale up to a 4th and 5th rig.