I had a chat to Bill the MD the same day the quarterly came out. He told me that as things stand they are waiting for the wet to end. Apparently it's particularly bad this year given the El Niño or La Niña (can't remember which one). In regards to when he did not lock a date in but said March-April depending on the weather. Activities planned are extensive ground and downhole EM, drilling both RC and DD ( the DD is required as part of the state grant) along with the associated pad construction, sump digging and the rest.
Had a bit of a chat in therms of the EM plates and the interpretation. I asked if they thought that they were dealing with a fold hinge and he said that given the lack of structural data it was hard to interpret but added that the geophysics consultants were adamant that the conductors ( main one in particular) was the bees knees from what he has seen globally.
RMR Price at posting:
0.2¢ Sentiment: Buy Disclosure: Held