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Absolutely. On the webinar they commented about the highest...

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ozvave

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06/04/23

20:28

Post #: 67178865
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Originally posted by Zurc: ↑

The mines have no rights to the gas and typically have a lot of difficulties working with Arrow, particularly getting maps and information from them. Pre-drainage is completed years in advance to the longwall operations, and there is minimal cross over between Arrow and Anglo (I can't comment on other companies). The only cross over is Anglo required Arrow to confirm accuracy of drainage holes prior to mining through them.
And a lot of these operations have significant (and increasing) requirements to drain gas and significant life of mine ahead of them.
Moranbah North and Grosvenor being the two key ones that come to mind, both of which have a lot of gas left to drain and a long life planned. Keep in mind Grosvenor had the explosion a few years ago due to insufficient pre-drainage and have only increased their requirements to reduce gas levels prior to production at locations. On a side comment, all these operations are Met Coal.

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Absolutely. On the webinar they commented about the highest production hole they drilled ever in the field... this was Teviot Brook (aka the eastern extension of Moranbah North).

QPM Price at posting: 13.5¢ Sentiment: Buy Disclosure: Held
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Last 3.3¢		Change 0.000(0.00%)		Mkt cap ! $83.18M

Open	High	Low	Value	Volume
3.3¢	3.4¢	3.3¢	$63.08K	1.885M

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No.	Vol.	Price($)
4	903473	3.3¢

Sellers (Offers)

Price($)	Vol.	No.
3.4¢	60751	5

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No.	Vol.	Price($)
4	903473	0.033
16	2923993	0.032
10	1221429	0.031
22	1212997	0.030
6	841848	0.029

Price($)	Vol.	No.
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0.035	972265	6
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0.037	300000	1
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