Hyperdynamics Corp (HDYNQ)

[Flettster]

I'm not sure of the timing but I expect the RS will only happen if the results are positive and the stock remains under $4.00 or the results show a system with no seal. I suspect if they prove there is a system and Fatala has no seal then the company gets sold. Whomever buys the company can continue the hunt for 2 more years.

I was under the impression that drilling actually commenced on 8.8.17 but it turns out the clock started ticking on 8.11.17. Expected drilling time is 32-42 days. Drilling would be completed by 9.12.17 - 9.22.17. The run up (if any) would occur between 8.31 until results were known.

Potential news:

Announcement of funding closure and % retained based on results
Operational phase updates
Drilling has concluded
Results

Just speaking out load.