Ann: Kuda Tasi & Jahal Development Concepts & Costings, page-2

Once the development concept is finalised they can start defining and announcing capex requirements and project economics. Solidifying the development pathway is a mini-milestone gate so the sooner this is completed the better.

Good to see they are going down the route of reconditioned/second hand equipment as this is suitable for the expected project life. Staggered development with two initial wells on Kuda Tasi where we can front end most of the production revenue, and later life development of the Jahal well.

Some of the analogues they'll be referencing in the report is Buffalo and Kitan, particularly BHP's Buffalo project which is very similar to KTJ in terms of size, location etc. I'll be diving into that project in another thread in the next couple of weeks.

We wait
GLTA
OS