Wick to drill next week19 Dec 2018 07:39
Rig is on the move. Spud next week. Great news for ADL holders as Colter approval has also been granted which means we should start drilling end Jan. So not long before things kick off here. I was also at the investor show and managed to corner Simon for a chat. He confirmed they had circa £800k cash in bank, the directors were taking minimal salaries and monthly cash burn was only circa £40k per month. So no need for placing pre Colter.