Can't be definite...just my assumption from reading presentation, the fact that they have 3 well cores from Lorraine (2 for over a year), and from Poyndexter's Q&A summary from the brokers meeting.
The presentation says: Lorraine (Saint Avold/Faulquemont/Alsting) CBM resource upgrade (in progress)
They should have all the data about gas content, permability etc in their hands from the 2 wells drilled last year...plus the results of the well currently being drilled...they keep saying there will be a significant upgrade too...
But no...can't give a definite timeline...
Overall shouldn't be too long until we get some initial flow rates (next 3-4 weeks given little water in Lorraine)...so either way, could be two exciting announcements in the next 3-12 weeks.
EPG Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held