I wonder if the play now could be to start flow testing both Yangir and Nomgon to prove up the resource while drilling the rest of the PSC now the company has $35mil in the bank? Or do you think the company is looking for the 'mother lode' and flow test that?
After seeing the webinar this morning the look on NY's face was almost bemusement at the reaction of the market after the ops update announcement this morning. Even a 50% strike rate is acceptable, the company has achieved 11 out of 13 holes with a limited budget (pre spp), 1 rig doing the work and the covid restrictions. The interview this morning gave great insight to what he's expecting and what's considered quite normal during exploration work.
I wonder if the play now could be to start flow testing both...
-
- There are more pages in this discussion • 367 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add EXR (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
16.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $197.4M | |||
| Open | High | Low | Value | Volume |
| 17.0¢ | 17.0¢ | 16.0¢ | $254.5K | 1.534M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 316607 | 16.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 17.0¢ | 106270 | 7 |
View Market Depth
| Last trade - 16.10pm 04/10/2024 (20 minute delay) ? |
| EXR (ASX) Chart |