Jelly......I understand the risks involved with spec companies, however it's not too much to ask for an announcement that outlines some information. To say that the next coal seam will be intersected below 1100m and then have the next announcement to say that they are at 1153m and drilling towards the next coal seams, sort of looks like it's a guessing game. If you're going to put detail into an announcement then at least make it realistic........all my opinion only.
I'm just a little frustrated that it's taken this long to actually start drilling, and then once it does commence, the duration blows out by weeks. This was meant to be a 6 week drill. Once again I understand that the geology is harder and they're concentrating on keeping the hole straight, but this is all information that should've been known before they started, and therefore not put a ridiculous time frame of 6 weeks in the original announcement.
I do convey this onto Paul through emails as well, so at least I try to get a better understanding of the issues........
BTW......I don't agree with Baron's comment about everyone losing their money, but I think I understand his/her frustration with this drill.
TNP Price at posting:
0.7¢ Sentiment: Hold Disclosure: Held
