Notes from Webinar today:
General:
A lot of focus on Nomgon, Mongolia and China with Grandis being touched on a fair bit but not the main jewel.
Neil at the end "if you have questions, ask me" - anyone who has issues with their approach, email Neil.
Nomgon:
- Commerciality of Nomgon will result in conversion of exploration lease to production lease
- If they do sell electricity, it will likely be to the Government, not private companies
- Goal is not to be the seller of electricity, goal is to build reserve and introduce the right parties who will ultimately develop resource
- Lifting of Covid restrictions in China has now allowed for members of these parties to begin to travel and progress discussions for Nomgon T/O
- Appraisal wells in Yangir and Big Slope
- Clarke Energy - they're an engineer, not financier etc. A lot of experience in Australia. Offtake by Government is required, Government is slow to progress MOU to PPA but still in progress.
- Compressed Natural Gas option is probably much closer to market and faster to execute than PPA with Govt. and Clarke Energy power plant
Gobi H2:
- PFS for H2 supported decision to progress with SBE to Term Sheet
- China hosts 1/2 worlds steel production.
- FEED / H2 Binding International JV by mid-year (from my experience with Nomgon pilot production, "middle of year" = "September")
- Can't announce PFS results / details because of ASX restrictions however "it underpinned the decision by SBE (a $100B company) to progress to binding term sheet"
- Can be funded in various ways, Asian Development Bank / European Economic Development and Reconstruction Fund
Grandis:
- Engagement of the drilling company, land access being worked on (no binding agreement yet).
- Waiting to see what neighbours / "Shell" do
- "When we bring in a partner, it will show a level of validation" - WHEN, not IF
- Forums
- ASX - By Stock
- EXR
- Ann: Nomgon Pilot Operational Update
Ann: Nomgon Pilot Operational Update, page-22
-
- There are more pages in this discussion • 38 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add EXR (ASX) to my watchlist
(20min delay)
|
|||||
Last
14.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $173.5M |
Open | High | Low | Value | Volume |
14.5¢ | 15.0¢ | 14.0¢ | $418.9K | 2.913M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
18 | 1659581 | 14.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
14.5¢ | 174811 | 5 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
18 | 1659581 | 0.140 |
17 | 1223925 | 0.135 |
18 | 1187699 | 0.130 |
13 | 2150000 | 0.125 |
18 | 749352 | 0.120 |
Price($) | Vol. | No. |
---|---|---|
0.145 | 174811 | 5 |
0.150 | 518333 | 11 |
0.155 | 183976 | 6 |
0.160 | 379556 | 8 |
0.165 | 315000 | 6 |
Last trade - 16.10pm 18/09/2024 (20 minute delay) ? |
Featured News
EXR (ASX) Chart |