The Cambay 77 well is now in its 30th day, we rejoice that the...

The Cambay 77 well is now in its 30th day, we rejoice that the bit spins after 2 weeks of repairs. Well done to the team who completed the repair. This is no easy task in India. But the costs have no doubt been rising. RM tells us that the rig costs nothing, but the truth is that the site keeps circulating mud, and expensive (SOBM) mud at that. the mud needs a team to pump, clean and recycle, the pumps need a team, the costs are reduced but not to nothing. MY guess is that the company is spending maybe $50,000 a day. 15 days is $750,000.
The Indian partner has a reputation for not paying its bills or at best paying very very late.
Ron, please assure us that we have enough money to complete this well and test it. I remember you saying in London in early 2012 that the company had enough money to drill 77, but you misled us. the CRs since have proved that. Be honest with us.
Also, let us know how the gas sales agreement is going. Its been a year since you announced a gas sales agreement, but all has gone quiet. What happened. as a genuine concerned shareholder, assure us that you can get the gas to market and that the cash flow of the company is being cared for. No good having gas without sales. its time to show your shareholders that you have things under control.