Right, well I am calling b/s on this .......why would you release this at 6pm on a Friday night and mark it not price sensitive This should have come out pre open today or Monday morning I can only imagine that it has come out now because something bigger is planned for Monday morning If not it is a wasted opportunity
Anyway comments .....
In an earlier post where I went through a few holes on our new land I wondered about what I found to be mcf1-3 We now know why they wanted that land Look at the chart colour, the same as where the sweet stuff is around lc1 that must be the theory they have as look at gb2 it just didn’t flow there
Next, tell us the sites please ! I predict mcf1-3 and white cloud 1 and two I haven’t done enough research on yet to name
More new news is that one new hole will be drilled. I think we all know where that will be ....on the proposed drill pad 40m from longcanyon 1
Bring it on lets do 2 re entries / open wells now and the new hole lets get the approval process started so we can be drilling that by June/July.
More new news. An upgrade that the additional products are no longer bi products but are on main billing.
Also lce product ‘will’ be offered to potential off take partners.
More news brine test work , the 1 drilling program etc. remember for the green that is the whole process which would include samples from other holes so I would expect the work on the cane creek 32 brine to produce or not produce lce within weeks.
Is it just me or should this have been given better billing at pre open today or Monday? Alternatively is there something even better to drop Monday. I doubt it to be honest.
Great presentation is the main thing. Well done management. Just maybe not something to dump on a Friday at 6pm when you are supposed to dump the bad announcements then !
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