The company already is confident in the flow and spent 25 million dollars to get every single data and know every little aspect before flow to maximise commercial flow. Confident enough as part as latest agreement to turn this well into a commercial well:
“The parties may fast track the development and construction of an up to 50 (fifty) MW pilot power plant designed to make use of gas produced from the second Mukuyu exploration well”
As Scott has stated it will commercially flow and all samples flowed freely to surface using conventional equipment therefore permeability and porosity is world class just like the flow will be and they can pre plan to stimulate it further if need be. Still end up multiples they have 1-2 weeks to soak the geniuses and news flow begins to fall. Still a multi billion dolllar asset right now trading at a laughable 150 million market cap
The company already is confident in the flow and spent 25...
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Last
6.8¢ |
Change
-0.001(0.74%) |
Mkt cap ! $94.99M | |||
| Open | High | Low | Value | Volume |
| 6.9¢ | 6.9¢ | 6.7¢ | $42.01K | 621.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 548563 | 6.7¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 6.8¢ | 534259 | 7 |
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| Last trade - 12.52pm 10/07/2024 (20 minute delay) ? |
| IVZ (ASX) Chart |