Production drilling is commencing now. First 2 of 10 production wells will take about 3/4 months to complete. Then results of flow rates will be released after 30 days of production. Each well is approximately 4kms in depth and 1 km horizontal at a approximate cost of $10mill each. A total of 10 wells are proposed over the next 9-12 months. These results have the potential to completely revalue this company. These wells are funded and approved.
Ann: Initial Well Program Update, page-11
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| Open | High | Low | Value | Volume |
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| No. | Vol. | Price($) |
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| 13 | 2574850 | 0.8¢ |
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| Price($) | Vol. | No. |
|---|---|---|
| 1.0¢ | 5757676 | 14 |
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