Interesting that Chairman And not TOR made announcement. Don't Believe Barryroe Dead in Water. Think something brewing with T5. Would be nice To See T5 reverse into LOGP and Partner Providence On Barryroe. Believe We Will See announcement shortly on Mfdev regarding Marginal Providence Fields.
May be An optimist but I think a deal on Barryroe Is near. I Know TOR had mislead On Many occasions but With Pat Plunkett singing Off on recent report saying paper Work preparations For Barryroe underway I believe a Deal close. Keep An eye on T5. A reverse into Landsdowne not impossible
5000 meter depth i.e 2.75/3.3 x 2.75 months gives 2.3 months approx. Ice Max is probably faster than drill used By Exxon though
Exxon drilled Dunquin North in 2.75 months. Dunquin was in 1700 meters if Water to a depth of circa 5000 meters. Druid is 2250 m Water depth to 4000 m. So 1.75/3.3 x 2.75 months gives approx 1.45 months
Morning Sharemate TOR made a mess of things at times but Jimmy has An agenda and that is clear to See
Think they drilled Dunquin for about 2 months. So I suppose less for Druid and slightly more for Drombeg.
Think myself that possibly T5 are Going to reverse into LOGP And participate in Barryroe
Any idea why TORS contract has Been extended as of April 2017 for a period of Two years. Institutions must Have agreed to this. Doubt They Would Have done this Just on the back of a drill at Druid. After a sizeable part of their investment Went to pay Off Company debts. There must be something else in the pot