What's not to like.....10 Apr 2024 11:50
This is all very positive (IMO), and exactly what we wanted to hear and if it takes a capital raise to allow all of this to happen, bring it on!
***following a detailed review of several companies, has now selected one to produce a preliminary design for a production system that will be suited to the flow rates and gas composition within the Rukwa Basin.
*** include a smaller, lower rate pilot plant that would allow for early production as well as larger, modular systems that can be scaled-up.
***currently reviewing the merits of re-entering and deepening the Tai-3 well or pursuing a new exploration/appraisal well.
***Itumbula West-1 extended well test ("EWT") remains on track for early Q3 2024
***Appointment of production facilities management company to commence a design study for a helium production plant at Rukwa