You're looking at things from a single indicator (i.e. unknown flow rate) and you're calling my sentiment absurd?
To name just a few reasons why:
- One of the top ASX flots of 2023
- Effective leadership team and BoD
- Regular and appropriate communications and announcements
- Partnered with world leading technical companies for pilot plant
- Met all planned milestones to date
- Global attention on natural H2 at all time high. Massive support by other nation governments
- Supported by SA govt
- Over $20m cash
- 2d seismic survey in June across PEL687
- 70,000km2 of additional tenements under application with SA EPA for PEL
100% agree that if the flow rates come out negative it'll be dire for the short term. But I'm not looking to make a quick buck.
GHY technical analysis, page-103
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