Comet reserves could triple with current round of works including 2 lateral wells.
Also Ironbark coal seams depths varied, produced excessive water and further from the high volume pipeline so Muhalo reserves should attract a significant premium.
Varying coal depths make lateral wells (the highly productive kind) more difficult and costly.
High water production greatly development costs as the water must be contained.
On top of this we have Galilee csg and Galilee sandstone reserves.
Definitely in a good place now.
Comet reserves could triple with current round of works...
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Last
19.5¢ |
Change
0.005(2.63%) |
Mkt cap ! $216.0M | |||
| Open | High | Low | Value | Volume |
| 19.0¢ | 19.5¢ | 19.0¢ | $141.7K | 738.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 200000 | 18.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 19.5¢ | 432828 | 6 |
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| Last trade - 16.10pm 04/07/2024 (20 minute delay) ? |
| COI (ASX) Chart |