i think the thickness is as expected, although I cant see any clear bottom of the shale in the logs. I cant fault anything technically.
What worries me is the high cost and they will need another CR soon, with inevitable dilution of the share price unless they think up some other way of financing. I've been in Tamboran for over a year now and all is going great except the share price which is down about 40%..
Being a geo it really excites me that you can find gas in rocks this old and how totally undeformed they are! obviously great potential.
But all things considered Ive sold out. Also seeing all those baby penguins die in antarctica really brings home to me the realities of climate change.
Im investing in Helium.
.
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