Firstly , please let me know if i am hogging these discussion boards and i will stop posting
I just wanted to bring everyone's attention to certain sections of the Santos strategy day that i believe have a specific relation to Comet. One key metric was Santos talking about their east coast CSG assets as backfill opportunities for GLNG but underneath that the discuss the new horizontal wells being 15x more productive than vertical wells.
These new longer wells (2.4km) are having big results but 4km well are about to be drilled soon
Just a little reminder that despite the current SP - the real value sits in the 40s and 50s and like WGO and AWE before it , any rerate may come faster than anyone imagines
Comet is now my biggest holding in the portfolio
COI Price at posting:
17.0¢ Sentiment: Buy Disclosure: Held
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