In the World of GAS -- and I suppose any and all Energy Supplies..
The figures can be Enormous.
I remember when Pre -Covid when Russian and China did there deal for Gas Supply..
Hard to believe that it was TEN YEAR S Ago -- back in 2014.
That deal was a supply agreement for 30Years and Russia agreed to spend 20Billion on infrastructure and pipelines--
EXR --as an EXPLORATION and DEVELOPMENT company - with the 30,000 sq/km allotment in MONGOLIA --460km away from China
Has not just one basin of coal NOMGON they have up to another FIVE basins all with coal.
IF we can get the Gas to flow Commercially -- which we will know more of - once dewatering settles ...
Then What may we expect as a Resource -- in dollar terms???
Grandis is a FORTUNATE play -- and WE all hope very profitable when it is eventually ON SOLD --,
The Revenue from the Sale would assist with -
- our New Queensland Hole in the ground--
-additional focus on our solar/ wind generator in Mongolia as well as GobiH2
-- the additional Five Basins in Mongolia
and whatever other project may appear (or may already being sought)
That is what Exploration Companies Do
When a Sale happens -- The Buyout Price For each LOCATION (if Proven ) SHOLUD be in the Billions..
My Opinion ONLY -- Time and Patience is needed
GLAHolders
