NRZ 20.0% 1.2¢ neurizer ltd

Ann: LCK Signs Heads of Agreement to Commence ISG in China, page-226

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    Thanks Pie ,

    Nice to see i’m not set upon for dissenting !

    I’ll try to be balanced in my response

    I agree that all coal deposits would react differently, however the trial (including extensions / suspensions) lasted for 6 months, and the flow rates LCK hoped to achieve weren’t sustained for significant periods by their own definitions.

    Also - for mine , I don’t consider the ACCC inquiry as
    recognition of PCD success, rather a case of claims of one of the largest 2P resources on the ASX and the ACCC basically saying - prove it.

    Further - any comments by the company suggesting they have come to an agreement on commercialisation pathway is misleading - the DEM haven’t given LCK special treatment - the approvals pathway will be the same as any other project.

    While I’d like to see this thing a success , I’d also be keen to know if anyone else has contacted the DEM at any point post PCD - and to know if they have a different take on it based upon those discussions.

    Any figures I guesstimated for gas in ground were also based upon ‘commercial’ flow rates

    Perhaps in my discussion I didn’t ask the right questions



    Last edited by Ashes86: 05/09/19
 
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