Looking back at the time frame and development of the Gurvantes Project so far - Gotta be a Hats off to both TMK & Talon managements for their progression in Mongolia. - March 2022 Initial Drilling Program commences. - August 2022"MOU" with Petro China / More to come here, I think. - September 2022 Initial Exploration Program completed / On target. -November 2022 Established 1.2TCF of CSG as a maiden contingent (2C) Resource / Magnificent - December 2022 Talon takes up its 33% interest / Yes, Yes, Yes! - February 2023 Drilling rig secured for Pilot Well Program / Stage 2 - March 2023 "MAK" Milestone Agreement / Super initiative & support for project - April 2023 Lucky Fox-1 commences drilling Pilot Well / First of 3 very important wells.
That's approx. 13 months. Fair rate of achievement there for a CSG operation, plenty more to go, but this project has certainly got off to fantastic start and the way it has been executed and presented, that looks likely to continue. My opinion. GLAH
TPD Price at posting:
17.5¢ Sentiment: Buy Disclosure: Held