Bushmaster. Yes it is scary to think we won’t see first gas for at least 8 years.
The pre feed study said 51 months from FID to first gas. Then we have to ask what does it take to get to FID. One new well drilled will not get us there. The field needs to be delineated (say 2 more wells). At that point the reserves would have to be certified by a 3rd party and project financing would have to be arranged once the Gas Sales agreement is negotiated. 8 years will fly by in a heart beat.
in the last podcast, in Feb 2020, the CEO stated that gas could flow in 4 years. As the quote from the Castle goes “ tell him he’s dreaming”
Bushmaster. Yes it is scary to think we won’t see first gas for...
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