What did we do with the money - we spent it on exploration, pilot wells and G&A
What happened to the 6 month pilot project - it didnt work (as is often the case with pilot projects) - so we are going longer until it does work.
Why did we say we cracked the code - did we? I know there was a lot of excitement early in the pilot when the gas flowed but that turned out to be gas in the fractures, not desorbed gas. May be wrong but I can't recall them ever saying the we had cracked the code.
What have we achieved in 2024 - progressed the pilot wells towards gas desorption at relatively low cost
Not what was promised... - who would have thought that a new CBM projects in Mongolia came with risks. Its not as it Jade or TMK are doing any better.
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