The first question is the drilling rig purchased can drill 300mm bores, why are the 4 bores only 200mm? Are there still problems getting the rig onto the lake?
Secondly, as you suggest, where is the pump.
Thirdly, the rain and flooding was in January, the pumping was to be done during the March Q, it is now approaching mid June.
On the one hand we are told we have well over 100MT of drainable SOP but on the other we only have trench data. The net result is that the resource below 2.5M is effectively stranded.
Something to hide? Maybe. But it is more likely to be the usual style of communication.
We know from snippets of information from all the resource drilling is that there has been some excellent flow rates from various holes. What we don't know is how these larger bores have performed.
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