It seems wrong to me to have to accept a $US30 million cap when ithe pilot test is more than likely going to reach critical desorption pressure in the next 3 months. Why rush into things now?
We all read the reports over the last 3 years which highlighted the superior thickness of the Nomgon coals, which contained good levels of gas saturation.
My gut feeling is that there is at least 3 Tscf of CR in this license and my estimate for 49% of the field is about $A0.10 per share when sold.
Anyone else in agreement?
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Last
2.8¢ |
Change
0.000(0.00%) |
Mkt cap ! $39.18M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 502288 | 2.8¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.7¢ | 450766 | 2 |
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| Last trade - 09.21am 24/06/2025 (20 minute delay) ? |
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