Haha, this is spectacular cynicism from him. He couldn't give a...

Haha, this is spectacular cynicism from him. He couldn't give a toss about his timeframe misses. On one hand given it is a token email (and not a price sensitive announcement on the ASX) it makes sense for it to contain no material information.

Not that any longer term holders need reminding but here what was proposed vs what has transpired:

Spud was meant to be November 23. It was 15/12, so either 15 - 45 days late depending on the generousness of your interpretation.

We are meant to be at ~75 days elapsed. We are at ~116. 41 days behind the 90% confidence interval (or more relevantly, over 50% additional time to date). We also still have (based on the original projection) a further ~100 days of operations still to go. We know that this timeline won't compress and is actually more likely to extend given track record of performance over many years.

I remember that one of the questions posed during one of the webinar was whether the rig they had was actually up to the task (given delays previously). It certainly seems a relevant question to ask now.

Day traders may as well bail out now because there is no Marti or Alameda action to be had here until at least August, maybe September. Drip fed updates from McDaniels are about the only news of consequence we are likely to see for months based on the drill progress and comms strategy to date.

This management team do make it very hard to keep a buy sentiment. It really is only the maths of the resource that are keeping a lot of us here I suspect.