I was in ROG for a while based on Annvale 1 which clipped the side of Riflebird so to speak.
ROG got sum encouraging drill results.
"The Company has just received gas content data from the laboratory testing of the Talma #1 coal cores. The
results show an average raw gas content of 5 m3 per tonne and a dry ash free gas content of 15 m3 per tonne.
This is comparable with the gas content measured in other wells in the Clarence Moreton basin. The depth
versus gas content graph below shows a close correlation between the Talma #1 gas contents with those
reported from Metgasco’s Riflebird well."
ROG's model has always been to prove up a resource and then click it.
ERM have got a very good permit from a distressed seller.
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