440 bcf total gas incl 26.4bcf helium and 26.4bcf hydrogen.
440 -26.4-26.4 = 387.2 bcf natural gas.
Here's an excerpt from the GRV 14.11.2023 RRS presentation;
"Opportunity for near-term cash-flow from natural gas production linked to existing infrastructure (North & East Coast markets)"
Existing infrastructure means the existing gas pipeline from nearby EP145 to Darwin.
I think the natural gas component of the West Walker project is compelling and the "near-term cash-flow" above may end up contributing to Alpha funding.
Talk about dilution !! if this project can help get the share price up then capital raising can be done at a much higher share price.
The in ground value of the above gas reserves estimate is many billions of dollars. And we have Mark Turner with his decades of Oil&Gas experience and Neil Biddle's incredible geology background to make it happen.
Worth a red hot go imo !!!
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Last
4.6¢ |
Change
-0.001(2.13%) |
Mkt cap ! $25.07M |
Open | High | Low | Value | Volume |
4.6¢ | 4.6¢ | 4.6¢ | $1.382K | 30.03K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 79964 | 4.6¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
4.9¢ | 161168 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 79964 | 0.046 |
1 | 20000 | 0.045 |
2 | 55000 | 0.041 |
2 | 100000 | 0.039 |
1 | 100000 | 0.036 |
Price($) | Vol. | No. |
---|---|---|
0.049 | 161168 | 2 |
0.053 | 58400 | 1 |
0.054 | 3850 | 1 |
0.056 | 50000 | 1 |
0.060 | 50000 | 1 |
Last trade - 13.21pm 07/08/2025 (20 minute delay) ? |
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