Nomgon
Shareholders have not received detailed info for months. How many wells are going to be drilled on Nomgon to ensure the coals depressurize down to the critical adsorption pressure? How many wells are currently producing (two?). Why didn't they plan for several production wells at the start to ensure depressurisation and dewatering does not take longer than necessary? Why were multilateral wells not considered as an effective means of depressuring the coals (less costly than drilling several separate wells).
If multilaterals can be drilled, it might mean the chances of commerciality will improve.
If the Chinese are not interested in a business deal with EXR in Mongolia, can the gas be sold within Mongolia.
NomgonShareholders have not received detailed info for months....
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Last
11.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $130.4M | |||
| Open | High | Low | Value | Volume |
| 12.0¢ | 12.0¢ | 11.5¢ | $142.0K | 1.193M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 237390 | 11.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 12.0¢ | 242146 | 4 |
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| Last trade - 16.10pm 09/07/2024 (20 minute delay) ? |
| EXR (ASX) Chart |