Nomgon continues to dewater slowly. I hope we’ll get a general update with some numbers of how the water and gas has been going over the last couple of months. Probably needs another 12 months to give us a meaningful idea there anyway.
Grandis will have way more impact short term - I’m looking forward to the updated CR number, which is likely to exceed 2 TCF now that we have the free flowing gas too.
The reason Grandis is more important is that we have results a lot quicker, we are right next to existing infrastructure to sell to domestic and international markets. We can monetise this project a lot quicker than the mongolian project.
EXR Price at posting:
7.9¢ Sentiment: Buy Disclosure: Held
