COI 3.03% 16.0¢ comet ridge limited

we are extremely pleased, page-2

  1. 322 Posts.
    lightbulb Created with Sketch. 67
    Agreed.

    The share price doesnt matter too much now. The pace at which management are progressing development is frantic. Every month we are seeing serious high value additions to the worth of the company sooner or later the SP will reflect this value, if not one or both of the Muhalo partners will strike. Both are short on Gladstone gas and developing Muhalo is looking like an insanely profitable excercise with excellent permeability and low water and likely low production costs in a great location.

    To get 230k pressure from only 13m of sandstone is incredible. This all but confirmed as Sandstone (Natural) gas with no water production as would be the case with CSG. Management have hit a purple patch with amazing progress in the last twelve months, still good dollars in the bank and now the work done for massive reserves upgrades in Muhalo and the Gallilee to come through.

    Thank you to Tor and James, keep it coming, if you build it they will come. GLTA PleaseDYOR.
 
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