A slight concern7 Feb 2024 10:39
I couldn't help notice in the last RNS which was mainly about highlighting the planned drilling of a highly prospective MOU-5 there was the inclusion about issues with 'problematic mobile clay formations present in MOU-1, MOU-2 and MOU-3'.
Now I know they had big issues with the suspended MOU drill, but were they ever highlighted in the other two drills? How big an issue could these problematic mobile clay formations be for the long term extraction of gas? Are they so concerned about it having now started the testing, and no doubt have an idea about what they have here, that they have hurriedly started planning for MOU-5 as a back up for poor results on this initial testing program?
Still fully invested here but with the testing having started on the 29th Jan I really would have expected the share price to be advanced of where it is now.