RE: Daily share price drops15 May 2018 17:56
The excuse as to why they can't process the data from one phase whilst the field work is going on in another is very very thin to the point of unbelievability. No one would plan an operation like that.
If all the data needs to be in, as suggested, indicates:
1) JP would rather sell the company with just the seismic data and not have to drill.
2) The have created an artificial delay around dependancies in order to raise funds.
3) They know that they need an absolute slam-dunk on TE-9, otherwise the company is over (nothing like a bit of PR risk).