Neil Young talking about our current .5 TCF at Grandis: "That is $5B worth of revenue right there". And they seem comfortable that they can double that figure with appraisal well end of this year.
$5B is of course future revenue for a producer that will buy our lot - but still, even if we get 10% of that we will be cashed up and able to put that money into Mongolia for CBM and H2.
Would be great to see a farmout at Grandis that involves a cash payment + ongoing royalties on revenue.
Would open up the possibility to give SH a one of divi and deploy a couple of $100M to Mongolia.
Ann: Nomgon Pilot Operational Update, page-43
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Mkt cap ! $191.4M | |||
| Open | High | Low | Value | Volume |
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