RE: "Commerciality at earliest opportunity"- CEO9 Feb 2024 11:41
Guys, I too do not expect the test results to be back for a couple of weeks or so. however the issue is not the testing it is the red tape exporting of the samples out of the country. If any of you would care to search YouTube for PVT testing and how it is done you will see that the testing itself can be done within just a few hours.
It involves iced water a sensor connected via USB to a PC and software to do the instant calculations.
From my own research of the in laboratory process, for each reading they simply raise the temperature of the iced water and measure the pressure volume readings that change along the way. They really are simple tests that could be done in a school lab or in the field with the right equipment which HE1 had on site. Hence they were able to provide those readings.
I expect any different in overall results will be only be minor and could fluctuate either way.
Noble has taken around six weeks with a two week Christmas period in between where it may well have been even more difficult to get the red tape sorted. Those of us used to being invested in Tanzania know how slowly their systems work. so I would suggest the results should be back by end of February and at earliest end of next week going into the following week.
Either way they don't concern me at all unlike some who wish to make a meal over them. As it's been said, many times and by the lady herself it is a rubber stamping exercise.