CEL 0.00% 4.8¢ challenger gold limited

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  1. 30,924 Posts.
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    Woohoo HotU!! You've picked a cracker for one of your first speccies!

    Fact: the directors think they have a good basis for 9TCF of gas. That is a lot of gas!!

    Fact: at this stage we have not the faintest idea as to how much of that gas can be recovered. A likely range is 30% to 50%, possibly as low as 10%, maybe but very unlikely as high as 75%. But even 10% isn't too shabby.

    Fact: high risk, but high reward if it works.

    Fact: I love this sort of company. It should get the pulse rate going on a few occasions.
 
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