The fact that the second drill pad and the access track is already competed for the second drill rig, shows to me that they are taking this seriously and the delays are just part of getting it right the first time. My view is with the others that it's better to take the time now then to rush it and stuff it up. It's in the best interest of everyone to get this right (including the drillers), so I'm more then happy with this announce. The only criticism that I have is that maybe some of this information could've been released earlier. The drill has been going on for about 8 weeks now, so the information about the tough geology could've been released a lot earlier in my opinion. Blind freddy could see that there was something different or not going to plan.
Once again........happy to hold this one for another couple of weeks. Let's get the second well started!!!
TNP Price at posting:
0.7¢ Sentiment: Hold Disclosure: Held