NRZ 0.00% 0.4¢ neurizer ltd

Ann: Corporate Presentation - clarification, page-24

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 460 Posts.
    lightbulb Created with Sketch. 118
    Hi Mick

    My thoughts are that if flow data was so sensitive then none of it would have made it into the public arena - they have mentioned parameters which suit their cause (peak/max flow), but failed to offer any clarification of average gas flow rates across the 6 month trial.

    If it was good enough to show a month of data up to mid Jan, then good enough to show the lot.

    I cant in good faith believe the day before decommissioning was commenced, they hit their peak flow rate for only a few minutes (as confirmed by the DEM) and then said - hey you know what? we think a few minutes of data will suffice for a potential 30 year project with a couple dozen well pairs as that will be enough to appease the DEM, Shareholders and any potential JV or off take partners.

    Doesn't add up to me




    Last edited by Ashes86: 23/05/19
 
watchlist Created with Sketch. Add NRZ (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.