Trevor Brown on the OMA webcast just said there were 3, possibly 4 capable rigs in total available in the Taroom Trough area.
They have to wait until one is available.
We have 1 on the way, arriving to Grandis imminently.
They are a very interesting prospect OMA- with very experienced and patient investors underpinning their register, frontier pioneers that unlocked QLDs' CSG play back in the day. Patient capital deployed with the knowledge gas exploration takes way way longer than most people have the stomach for and is risky af, BUT can deliver mammoth outsized returns.
Only 27m of the circa 200m Kianga/Back Creek section analysed for contingent resource so far.
Massive upside potential if they unlock the key to the rocks.
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