Yes the first drilling was 1 of 15 targets in Indonesia and they expect to start drilling the next target in a week or two.
There is also something they are working on in Indonesia to bring some stability to working in the country he says.
He also says there is a certain seller who seems to want to depress the sp at any chance that operates out of an account that they or asic cant seem to do anything about.
Not sure how many shares it has left now but I believe after the sell today it may be out??
While the chart looks horrible and the liquidity of the stock is almost non-existant there is plenty to come long term and despite a few sellers into low liquidity and with whatever motives when we get some positive news the stock will run quite hard.
Its a matter of research and patience on this one imo.
PSP Price at posting:
5.0¢ Sentiment: LT Buy Disclosure: Held