PEN 4.55% 11.5¢ peninsula energy limited

less than four months to initial jorc, page-3

  1. 1,684 Posts.
    Totally agree, It will be interesting.

    In fact what do you think a good comparison would be in size of resource, when taking into consideration ISR's low cost setup to conventionals high cost. Two completely different processes, but both ending with the same product to sell. At a guess 3:1 maybe? Hard to compare I know, and maybe they can't be compared or possibly time is the best way to compare them, maybe short term(first 5 years or so) ISR has it over conventional, then conventional catches up in the long term just from the amount they can extract.



    NK



 
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