If people are comfortable reading more in depth information I suggest you read up on the technical report in the appendix.
The similarities to Buzzard are significant. The modelled target reservoir sizing is huge at 500m thick. I am excited to see this drilled and expect that the potential of another Buzzard type discovery will have the big players wanting to take a chance here.
Hypothetically, were we to drill and strike the Pmean to 3U resource (which is a recoverable estimate), we would have a strategically significant regional asset, and we’d be all very wealthy.
Anyway. Early days
GLTA
FDR Price at posting:
6.7¢ Sentiment: Buy Disclosure: Held
