RE: Quantum31 Jul 2024 10:28
I agree Chesh, firstly great to have you back posting, with regards to the CCS this morning RNS states:-
'The studies are expected to take approximately 14 weeks, after which the Company will be in a position, subject to agreements on cost sharing, to undertake injection of CO2 on its storage project.'
So I reckon that this is being progressed now as all elements of the CCS will be being worked in parallel. The numbers are eye watering the location to the Rustavi industrial complex and also the global desire for projects like these should see some relatively easy revenue streams.
This I think due to the geology and number of depleted wells that this will scale upwards quickly.