440 bcf total gas incl 26.4bcf helium and 26.4bcf hydrogen.
440 -26.4-26.4 = 387.2 bcf natural gas.
Here's an excerpt from the GRV 14.11.2023 RRS presentation;
"Opportunity for near-term cash-flow from natural gas production linked to existing infrastructure (North & East Coast markets)"
Existing infrastructure means the existing gas pipeline from nearby EP145 to Darwin.
I think the natural gas component of the West Walker project is compelling and the "near-term cash-flow" above may end up contributing to Alpha funding.
Talk about dilution !! if this project can help get the share price up then capital raising can be done at a much higher share price.
The in ground value of the above gas reserves estimate is many billions of dollars. And we have Mark Turner with his decades of Oil&Gas experience and Neil Biddle's incredible geology background to make it happen.
Worth a red hot go imo !!!
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Last
2.7¢ |
Change
-0.003(10.0%) |
Mkt cap ! $12.38M |
Open | High | Low | Value | Volume |
2.7¢ | 2.7¢ | 2.7¢ | $216 | 8K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 100000 | 2.8¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
3.0¢ | 276056 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 100000 | 0.028 |
5 | 200999 | 0.027 |
3 | 147094 | 0.026 |
1 | 39800 | 0.025 |
1 | 100000 | 0.024 |
Price($) | Vol. | No. |
---|---|---|
0.030 | 276056 | 1 |
0.033 | 160000 | 1 |
0.034 | 500000 | 1 |
0.035 | 559500 | 3 |
0.036 | 500000 | 2 |
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