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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