Walyering will help us cash flow strongly this year. Proven from Strike's 3D seismic, the appraisal well drilling in the next months is just a formality before we hook onto domestic supply in WA. Domestic spot gas prices bullish with the shortages. See below chart.
Then there's Condor down the road, 10x the size of Walyering to be further explored for real game changing potential.
Oh and let's not forget the work in progress for farm-out on the north sea projects to others for even more cash flow.
And Mongolia which has a huge resource also.
This management team are A class, still remember when the CEO/MD took Eastern gas from $25m market cap to $1billion sale to Santos. They know their stuff on how to scale a business. Many, many upside catalysts this year, will be a game changing one.
TPD Price at posting:
0.9¢ Sentiment: Buy Disclosure: Held
