I wonder if the play now could be to start flow testing both Yangir and Nomgon to prove up the resource while drilling the rest of the PSC now the company has $35mil in the bank? Or do you think the company is looking for the 'mother lode' and flow test that?
After seeing the webinar this morning the look on NY's face was almost bemusement at the reaction of the market after the ops update announcement this morning. Even a 50% strike rate is acceptable, the company has achieved 11 out of 13 holes with a limited budget (pre spp), 1 rig doing the work and the covid restrictions. The interview this morning gave great insight to what he's expecting and what's considered quite normal during exploration work.
Ann: Operations Update, page-134
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