Predictions, page-49

justinmetals
1,519 Posts.
12
27/03/18
15:23:12
Post #:
32060728
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march - spud and final moratorium report recommendation
SP 7-10c 10c -14c

Early April SPUD and drilling with excellent gas shows as bit moves horizontal through multiple fractures/fracture zones. Drilling completed late April to Mid may without serious issues and under budget
Late April - GMRG final recommendations on pipeline pricing including NT. Costs reduced by $1.5-2.0. NGP not included for 15yrs from first gas. Rules implemented no later 1st March 2019

SP 10-13c 15-20c

May-July - drilling PV and Ooramina. Mereenie plant upgrades and hints of further capex requirements for 60TJ/d. NT government lift Mooratorium on back of Enquiry.
SP 7-20c 15-35c

Late September - GSAs and reserves upgrades processing plant news and bank loans or share issue CR
SP 13-30c 25-40c

Late October 2018 TO offers 40c TO offers rejected
SP 30-40c 40-60c

November 2019 - kitty drilling reveals mega helium and gas reserves
SP 80-120c

Yes this post was moderated as ramping.... recognise!!