The Resource Statement by RISC is scheduled to be delivered by end of August.
Gippsland is full of failed first drills.
Longtom was drilled by BHP IN 1995 and declared non-commercial.
Now,it's comparison to the Lontom sands available
on open file.
Carrying value of Longtom on SVW books is $59m.
Working on a pathway to deliver 80Pj to the eastcoast market.
We should see some buying next week.
Should be worth $5.9m at least.![]()
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