Ann: Funding for Grandis and Nomgon, page-206

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RedwitchII

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03/10/23

11:06

Post #: 70144017
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Originally posted by 2020Mustang: ↑

After discussing the spp with my wife we've decided to take up our full allocation and are hoping to get the maximum options available to us. Ultimately the company can't fund its operations with out shareholder and investor funds.

We're confident doing our research that we're more likely than not to succeed with Grandis; other majors like Shell and Santos wouldn't be spending hundreds of millions on exploration work if new technology and methods aren't going to work. They're not into throwing money away, neither are we. If we're lucky, we'll get data from Santos who are currently drilling with the rig we're using later this month. Such is the benefit of the data sharing arrangement Neil struck with Santos. Bonus!

Hopefully N10 at Nomgon will come on slow and we can ease into the gas flow unlike the previous wells. But that's why we're trying new techniques. Richard Cottee has always said the first well won't be your best. It's likely numbers 3 to 10!

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Happy to hear you all have changed your minds!

We are also going the full distance just received the paperwork confirmation today as requested to proceed, money in their coffers........full allotment `•>

Likely to make a nice holiday someday for your family as many here hope to enjoy too, as a benefit to this risky proposition in energy transition.....

EXR Price at posting: 6.4¢ Sentiment: Hold Disclosure: Held
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Ann: Funding for Grandis and Nomgon, page-206

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Ann: Funding for Grandis and Nomgon, page-206

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