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21.0¢ talon energy ltd

What is Talon worth?, page-132

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tt2000

4,875 Posts.

1242

21/07/23

14:13

Post #: 68911249
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Originally posted by kmuirhead ↑

tt2000 you say

"My only hope is management turn their attention there instead of Mongolia, which blind freddy can sense nothing coming from."

I suspect a lot of blind freddies (including me) wonder why you made this statement and would you care to elaborate?

A simple googling of "where does Queensland gas come" from yielded the following result

"Since the mid-1990s in Queensland, gas has been produced from unconventional reservoirs (coal seams) for domestic consumption. Coal seam gas now accounts for about 80% of the Queensland's domestic gas supply"

Sure, TMK still has to prove that they can lower the water pressure so that the gas will desorb and there may
be other issues. However, if this low cost dewatering operation works out, and they can get the gas to the Chinese,
as well as the Mongolian market, this blind Freddie thinks that the payoff could be stupendously enormous.

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I hope you know that Mongolia is not in Queensland, or Australia...

I would rather they focus attention on the bigger prize in the Perth basin.....Condor

After watching BPT,Gina, Min Res scramble for WGO... it is exciting to think of what upside exists

Last edited by tt2000: 21/07/23

TPD Price at posting: 17.0¢ Sentiment: Hold Disclosure: Held
2 Upvote

0 Great analysis

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