Spoke to the CEO at the Gold Coast Resources Showcase about this a few weeks ago. He advised that the frac went well however there needs to be more work done on the kill fluid additives to mitigate issues with existing rock profiles and maintain frac integrity.
For what it's worth, with shareholders deliberating whether to part with their holdings, I left our discussions feeling impressed with his knowledge and the direction he was taking the Company.
I for one will follow his advices on the current transaction when known.
Cheers - Surfydad
MOS Price at posting:
13.0¢ Sentiment: Hold Disclosure: Held
