RE: GOLD17 Oct 2023 18:55
Mmmm, I think I recall her saying that and thinking she is just saying it to stop speculation of not having time to drill Itumbula..
I think(but not sure) its open hole testing, so test, then plug and abandon, or case and return...
Casing will be full depth listening to Mike so they will need the rig, but plugging I am not sure about, probably options there.. I guess it depends on the plug type and its depth..
Its an important piece of info, just in case they decide to hold any discovery info..
If they mentioning casing the well after testing we can be fairly confident they will be considering flow testing, if they move on without mentioning casing or the intention to flow test, but talk about great data collection I will be concerned..
Found this in the last RNS..
"We very much look forward to drilling ahead into our target reservoirs at Tai-3 over the coming days and to evaluate the well, ""prior "" to rigging down and moving the rig to our next location at Itumbula."
but still you cant totally rely on their RNS updates....
What do you think about the 1.5m trade ?