Perhaps Ken will also provide some detail as to the permeability of the C and D sands in his next report.
The initial report on porosity "Preliminary log analysis indicates that the well’s primary objectives, the D and C sands of the Cattamarra Coal Measures, have lower interpreted porosity than expected." did nothing to give EGO shareholders much confidence in RGN-1.
Let's hope there will be some meat in the detail from the completion results to provide much needed confidence.
Good porosity and permeability of the 2 sands will provide a degree of confidence of where this company may need to go, eg:
firstly and most importantly a connecting pipeline to RG plant
secondly extend the RG plant but it seems EGO has already had some information on this and recognition that RGN-1 will not be an RG-1 as the proposal is to extend it by 5Tj/d.
It seems the plan is to extend the life of the plant.
I would like to be proved incorrect on the latter.
DYOR
- Forums
- ASX - By Stock
- EGO
- pipeline
pipeline, page-30
-
- There are more pages in this discussion • 10 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add EGO (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
LPM
LITHIUM PLUS MINERALS LTD.
Simon Kidston, Non--Executive Director
Simon Kidston
Non--Executive Director
SPONSORED BY The Market Online