RE: RNS and satellite observations31 Aug 2023 09:17
Silverfoil.
The last satellite images (28th) indicated some equipment movement at MOU4 and MOU2. Possible movement of the rig back to storage at MOU2 before the next drill pad is ready and to clear MOU4 for the testing equipment.
MOU1 being tested first so will be watching closely for changes there. Next image due late today.
Satellite image from 26th is very clear but difficult to determine whether any thing has changed at MOU4 from a week ago. It does look like somethings have moved around and maybe, just maybe, testing equipment is on site.
No change at MOU1, MOU2 and MOU3.
Next image tomorrow which will be interesting before the market reopens on Tuesday.
Drill still at MOU4 and can't see any changes at MOU1 and MOU3. That isn't to say testing equipment hasn't arrived and is being utilised. Satellite images may not be clear enough to see it.
Interested to see what order testing will be performed. Prospectus always mention the pads in numerical order but I'd expect MOU4, MOU3 and then MOU1.
Also, would we get results after each test or not until all have been tested. Interesting few weeks ahead.
Keith. Have also been scouring satellite images between 2 and 3km South East of MOU4 but haven't spotted anything of significant change to indicate another pad.....yet.
Is this the rectangle you identified in your last post...
Been pleasant not to have a feed full of green today. However, maybe understand why next time it happens.
Satellite images don't show any changes since MOU4 reached TD. Not sure how big the testing equipment is so can't say whether it's on any of the pads. Will keep watching. 👁
Hopefully, CPR tomorrow. Always like a Thursday RNS.
You could add some other initials from this board who have substantial shareholdings. 😉
Meanwhile, there seems has been no activity at any of the well sites over the past 2 weeks based on satellite images. Drill is still on MOU4 and MOU1 to 3 dong show any change based on what you can see.
Them numbers for the CPR must be taking some time to calculate. Need a bigger spreadsheet?