ASN 4.41% 6.5¢ anson resources limited

ASN Chart, page-5078

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    lightbulb Created with Sketch. 911
    They did drill pad works for the two new production wells which appear to be put on hold for the time being. I suspect Worley, in their initial feasibility work, have told ASN that they need more resource, and that money would be better spent first proving up as much resource as possible prior to drilling production wells (which I agree with, given their location will not add a huge amount to the JORC).

    They are making the best bang-for-buck play now. I suspect it was recently driven by Worley, because otherwise it should have been included in the April 21 ANN that identified the Mississippian as an exploration target.
    Last edited by strazza: 08/02/22
 
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