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14:01
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Originally posted by chuk:
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Thanks for posting. I just spoke to Michael who is overseas (sounded like he was on holidays) but was good enough to talk at length. I'm not going to try and quote him word for word in case I misunderstood anything but I did get the impression that he thought more work will need to be done to determine what rates of gas flow would be achievable on a sustained basis. He did seem to be suggesting that the heat energy and gas constitution was as reported by LCK and that there were no environmental issues at all but I got the impression that he thought flow rates might need to be improved - he mentioned that LCK might simply need to redesign the wells to improve gas flow rates. Perhaps that will be worked on with the partners that potentially buy in. They would no doubt have access to all the data and will have their own opinion on commercial viability risks.
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Hi chuk,
(20min delay)