COI 3.23% 16.0¢ comet ridge limited

Ann: Mira 6/2 Gas Production Update, page-7

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  1. 142 Posts.
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    Amount of gas being produced from Mira 6/2 now 40% above top line expectations on which historical broker valuations were pinned. The flow rate has ’significantly exceeded’ even Tor’s expectations so no shareholder should be disappointed with this result – not often does any junior over-deliver on top line expectations by 40%.

    We await further news on Galilee now the drilling glitch has been sorted and we progress through the final 200 metres of the sandstone target formation.

    Not only might we have two horses in the race – our first horse has better form than any of us thought.
 
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