RE: Discussion on Drill Progression22 Jul 2021 11:10
Why is everyone going on about slow process, and 30 metres per day? So what? Have we considered the amount of casing that is required at that depth, cement mixing, pouring, curing times? Have we considered that the ground may be unstable, so they are casing much shorter sections at a time, this all takes time.
The drill takes as long as it takes, so what if it's not instant results and updates, think yourself lucky we have had any at all, I'm in a number of oilers, one of which is currently 3 weeks into a drill, and no news till the end is pretty much normal
Who cares if the first one is non-commercial, we already know it's not a duster, this is a long term gig with global implications, their time is much better spent getting it done safely, and accurately, than rushing it.
It's not their fault if you bought a couple of grands worth of shares, on credit, on a 10 day settlement, and you have to pay for them, or sell them before completion. Only invest what you can afford to hang on to