Article in the AFR on weekend headed Small gas producers fast track expansion.
Comet was mentioned with Tor commenting as follows for those who didn't read the article. "We are doing an enormous amount of work to secure regulatory and environmental licences, and we are going to submit that to the federal and state government later in the year. We'd like to be producing gas in thirrd-fourth quarter next year. We'd like to come online and quickly ramp up to 10 TJ of gas a day which is relatively small then like to move forward on our bigger project with Santos. Mahalo can comfortably support 80 - 100 TJ per day"
I guess as we haven't heard much out of Comet of late, the no news is good news when you read statements like this from Tor.
COI Price at posting:
12.5¢ Sentiment: Buy Disclosure: Held
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