More core drilling - good. Leading to potential reserves upgrade - good. “initial project development is planned to start in 2018, subject to the results of the Company’s application to GoB to develop up to 100MW of CBM fuelled power generation.” That is the first time I have seen this caveat - subject to the results of the Bid. Why did they say results and not result? Then again, maybe irrelevant. No dount, coz I raise it, it will be deemed irrelevant.
Ann: Core-hole Drilling Operations Update, page-3
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