That’s a bit extreme. It would be better for sentiment and boost supporting industries if all ventures are successful, however, if any project is commercially viable then it is exactly that.
1.2TCF 2C TMK vs 0.025TCF 2C EXR.
So far these companies are chalk and cheese. One is focused on CBM and the other doesn’t know what it’s focussed on and spread far too thin.
If you’re after a CBM play in Mongolia TMK is it. I see OGP shares my thoughts and OGP has put a hell of a lot of work into all Mongolian CBM opportunities.
he is rather bullish on TMK stating even if only 250PJ (or 20% of the 2C) is converted then the current MCAP is paid for leaving the rest of the block as a bonus!
I think the 2P will end up being 500PJ based on the extensive database of information from all the 2000+ coal exploration holes already drilled.
it’s all TMK for me as far as Mongolia is concerned and Brendan is doing a great job
TMK Price at posting:
1.1¢ Sentiment: Buy Disclosure: Held
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