"Lorraine has a resource base of approximately 28 Bm³ of gas, but we believe it to be significantly larger. We will reassess this in early October and will also publish an upgraded estimate."
"Our main goal at Gazonor is to increase our production several times over. In addition, there is considerable potential for CBM resource developments, because of the fact that there are still over 20 billion tons of coal in place and all gassy. It’s a substantial target."
"In early October we will publish our first CBM resource for Gazonor that is being independently calculated. This new resource is likely to be significant"
At these prices this stock is such a bargain.
EPG Price at posting:
48.0¢ Sentiment: Buy Disclosure: Held
