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rosencrantz

2,777 Posts.

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04/06/23

14:51

Post #: 68121160
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Originally posted by justinmetals: ↑

I'm not interested in Jade. What's Jades 2C?

The point is with TMK following a successful pilot they could have 2P reserves of 50% to 75% of their 1280PJ 2C resource. Thats mega.

Also, this E-W strip in the middle of the tenement is well explored and understood already due to extensive exploration drilling for mining of coal. TMK are NOT starting from scratch... For this reason its likely they know what they are getting themselves into 30km to the East of NS and therefore, on top of a large 500+PJ 2P ($$$) the 2P+2C could be as much as 3,000PJs, after year 2! Phenomenal. On the other hand EXR to the east have almost gone through $30M with virtually nothing to show for it (on the CSG front anyway), despite what their directors say about CSG and 'slow organic growth and pilot troubles'.

TMK is certainly moving in the dead-right direction and BS is proving NOT to be full of BS.

GLA

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the 2P+2C could be as much as 3,000PJs, after year 2!
This sounds like a rather loose, throwaway number.
Given that the market values Strike Energy's 2P + 2C resource in the Perth Basin at $1Bn+ and the fact that it took a lot longer than 2 years for STX to get to 980PJe.can you support this outrageous number with some science?

TMK Price at posting: 1.5¢ Sentiment: None Disclosure: Not Held
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Last 0.4¢		Change 0.000(0.00%)		Mkt cap ! $27.64M

Open	High	Low	Value	Volume
0.0¢	0.0¢	0.0¢	$0	0

Buyers (Bids)

No.	Vol.	Price($)
28	73270097	0.3¢

Sellers (Offers)

Price($)	Vol.	No.
0.4¢	62199123	35

View Market Depth

No.	Vol.	Price($)
27	72970097	0.003
15	21508666	0.002
9	14700000	0.001
0	0	0.000
0	0	0.000

Price($)	Vol.	No.
0.004	61892223	34
0.005	15661523	19
0.006	3200738	5
0.007	16722080	6
0.008	3037095	5

Last trade - 16.12pm 03/06/2024 (20 minute delay)

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