Lawrence, I agree with your your predictions this time although sometimes I think that you are a bit optimistic. I guess a good news will be come soon based on the company announcement last time, quote: "The well-site geologists have described the observable coal qualities to dominantly be C3-C4 on the AS 2519-1993 Guide to technical evaluation of higher rank coal deposit’s brightness scale. This is considerably better than encountered at the Ugtaal-1 well. Furthermore, the coals are visibly fractured and cleated, which bodes well for their permeability. Abundant gas bubbling from the recovered core was noted across the whole interval prior to it being representatively sampled for gas content desorption measurement" unquote. Once the company releases the good results and pushes SP to another level, then a CR will be announced. Please DYOR and good luck to all of us holders.
EXR Price at posting:
4.1¢ Sentiment: Hold Disclosure: Held
