Rig looks to be secured - should get final confirmation on this in the coming days
The smokey in the room here being the potential for an R&D rebate in relation to an element of the spend to date on this new and innovative technique the company is using. They should find out in the coming weeks if AusIndustry approve the project as the FY23 cut off for project submission was last month. This could be a nice kicker for the company to see additional non dilutive funds added to the bank.
Some good chat from EXR on their recent results, with geological information around the 4:40 mark -
OMA Price at posting:
19.5¢ Sentiment: Buy Disclosure: Held
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