This may be positive thinking, but I dont think the delay for update relates to a delay in the drilling. There just hasnt been the movement in the options to support it:
QPNO: expiry in within 1 month 3.1mil QPNO traded, now at 0.004
TNPO: expiry not for a couple of months 1.5mil TNPO traded, now at 0.038
Im a rank amateur but given the short time frame on the options, they would be the first indicator of a delay in the drill and subsequent 'leaks'. Since both prices have remained fairly steady(consistent with last few weeks) and only small numbers being traded, I can only conclude that due to a lack of a selloff... All is tracking well with the drill or those drillers lips are sewn tighter than a nuns fancy.
Im holding TNPO but think that CAZA movement will show first on a positive result or negative delay and that will be reflected the most in the QPNO. Thats if word is out pre-ann.
Just my 2 cents. Good luck all.
TNP Price at posting:
13.5¢ Sentiment: Hold Disclosure: Held