I'm not as concerned as you JM, the current drill pattern and testing of Nomgon allows for interpretation of ~220km2 of coal play, with an estimated evaluation of +200m inferred if this pilot is successful. There's enough seismic and 9 drills that show an average 67m coal play over that aerial extent and the PSD outputs are consistent. I think your TMK numbers are inferred as well from drills, not all those wells are flow tested. All the coals currently being drilled appear consistent across both plays in terms of depth and porosity.
My issue is why the market hasn't been updated about the success of the workover to allay fears of pump failure, etc.
NY and the team look to be spread a little thin for mine.
DYOR
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