I have now read as much of the annual report (where was the one for last year?) as I can stomach. It gives a long list of excuses for doing nothing, but does not explain how they still managed to spend $8m nor what they got for it. The whole land access situation around Bellevue obviously really hit them hard. I wonder then why they did not just drill Thunderbolt first - they did apparently have agreement that both holes could have been drilled at any time in the 2 years.
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