2016 Assessment - USGS, page-6

http://m.fin24.com/fin24/Economy/karoo-fracking-to-begin-in-12-months-govt-20160308

Was having a general browse on the net re Karoo Fracking and found this article
From March stating government anticipated fracking to start 12 months on.

It coincides when the SEA will complete their research in the Karoo aswell.

I have a feeling we will not see much progress in the quarterly, but once momentum begins in this region, their will be interest together with a stronger shareprice. (Also considering farm in seems to be in place and waiting for licences to be announced)

Current weakness and strength in sp has been due to immaterial volume falling through the cracks, I would say cel is tightly but also holders may be fully loaded as the wait has dragged on for a while and there has been ample time to accumulate/average down.

Let's see if the sp is going to increase 10% Monday with the 500 or $14 worth of shares available at 2.8c!