Just like the share price, activities appear to move at a glacial pace at good ol' Central. That said, it's hard not to think we are (slowly) moving in the right direction.
Worth bookmarking the following website link, which lists EMPs (Environmental Management Plans) submitted as these are a prerequisite to drilling. Dukas-1 is shown, but suspect Dukas-2 may soon be turning up.
https://depws.nt.gov.au/onshore-gas/environment-management-plan/emps-under-assessment
With the NGP's disappointing record of reliability in the past year, the graph below (pp.13 of the 2024 Annual Report) indicates we are weaning ourselves off that dependency, which only a few years ago we all held our breathes that it would open up the East Coast market for our (allegedly large) volumes of gas.
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Open | High | Low | Value | Volume |
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No. | Vol. | Price($) |
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2 | 89166 | 5.6¢ |
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Price($) | Vol. | No. |
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2 | 512981 | 0.054 |
4 | 719200 | 0.052 |
2 | 900000 | 0.051 |
2 | 39000 | 0.050 |
Price($) | Vol. | No. |
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0.058 | 33753 | 2 |
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0.060 | 150000 | 2 |
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