Cheers JID, hopefully it wont be a long wait to find out one way or other other what is down there.
Would anyone hazard a guess, if the results are suboptimal, will the company sell the acreage (or just relinquish them) to save on further costs?) and focus on Vic, or are the results they have already enough of a justification to keep holding?
Cash will no doubt be tight, but hopefully, as others have mentioned, either a small loan or, another small capital raising (perhaps 500k) will tide them over until production proves worthwhile. Damn those nuggety reefs!
ORS Price at posting:
3.0¢ Sentiment: Hold Disclosure: Held
