Yeah, I'm surprised that companies are being allowed to provide "modelling results" as evidence of anything without providing a reasonable amount of detial on the modelling (and even then, only after rigourous review). I've noticed a trend for it in the ASX recently.
The modelling that has been carried out is particularly confusing here since Appendix 1 is meant to be "Assumptions for the determination of the breakeven commercial flow rate", but then one of the assumptions is "Breakeven Initial Rate: 2.5 million cubic feet per day averaged over 30 days". Is this assumed, or the outcome of the modelling? Or is the modelling just economic modelling, and not actually any reservoir modelling?
Anyway, happy for all holdersGood to see share price on the up for you all!
Yeah, I'm surprised that companies are being allowed to provide...
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