RE: Tuesday21 Jul 2018 15:21
Said Q3 at some point to return for Helios so there is every chance we may get a firmer timeline.
Personally I’m hoping for more information on Kansas and revenue generation possibilities.
Depending who’s spinning which plate fastest guess!
Kansas has big potential to accelerate DTU and also possibly provide a second revenue stream.
Helios as much as hopefully proving the frak idea worked and significant flow rate is achieved, will undoubtly further de-risk that play, but it won’t by itself prove its commercial viability.
A successful test there will go a long way towards making that possibility real, and so potentially place a larger valuation on our land assets there, but we will no doubt need to then look at additional locations to test and commit time and effort toward it accordingly.
It’s still our biggest play, but for me now the excitement is on Kansas and what it could unlock in the near term.
Obviously the flow rate and what we have at present is known. What we can do with it, how we can develop the low cost asset into a producing one, is for me key to our short and medium term growth.
The excitement in Roberts voice describing Kansas is what was infectious from that last Vox podcast. I want to know more details and hopefully we will have some more on that!!