some commentary from the gas experts will be good to find out whether 90m is above, at or below expectations for a 240m company. For example, is the 20% increase in thickness already known and expected or does it change the size of the shale the market is currently anticipating?
the one thing I can deduce from this with certainty is that drilling speed and progress is pretty outstanding. That should help with cash expenditure and calculations for future capital raises. I wonder what flow rates will be seen from this.
many experts out there care to weigh in? Good or bad, let her rip!
Ann: SS1H intersects 90m of high quality Mid Velkerri B shale, page-4
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