Drilling and Wildfires We've had a really dry winter and we will probably have worse wildfires this summer up north. Last summer, work had to be paused because of the wildfires and now they are planning on doing a second round of drilling this summer.
Could someone with more knowledge tell me how long of a turn around it is between drilling and results? Or better yet, maybe give an estimate of how long it takes to drill as well? (I understand that length of time is based on the scrope of the drill program but mabye some rough estimates)
Given wildfire season, I'd imagine everything is on track for Monkey's timeline. In a perfect world, they would drill and get results back to signa deal in setember/october but if the wildfires are bad they won't be able to dinish drilling until end of october maybe? Results in Jan/Feb and then sign a deal next summer. Stock price will proably crash again at the end of the summer and again at the end of the year maybe?
I know it's useless to try and forecast these things but I've got time this morning and am bored.