"But 6 weeks have gone by since GBG granted that option extension and the chance of Empire drilling has diminished appreciably since then. The David Morgan comment "appears to be moving in the right direction" might have had some merit then but it has about run out of steam now with April 2nd just about here and mid-May looming up fast."
Take it that you have seen that the option has now been exercised and I dont understand how you can know whether the chance of "Empire drilling has diminished appreciably since then". One would imagine that they could drill at any point until the licence expires or renewed and expired.
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