interesting play here, I got alerted by the recent Breakaway Research report.
- Fully free carried for a $100 million dollars worth of drilling and keep a pretty decent 35%.
- Australias largest onshore gas formation (this must be speculation having not actually been proven yet lol)
- 31km from Dampier to Bunbury pipeline (nice)
- Drilling funded by Alcoa (incidentally WAs biggest gas consumer, sounds like a good marriage to me)
DYOR, ticks my boxes and I'm in for a small play here.
Cheers
-Cali
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