Rechargeable (reservoirs)16 Jul 2021 16:24
I was going to reply on the “Drill” thread, but IMO, this is a very exciting development. The use of the word “rechargeable”.
How feasible is it that the HE could be extracted from the reservoirs and then the wells capped for a few years to allow the HE levels to accumulate up, and then the well re-opened and subsequent amounts extracted again? I’ve no expertise in this, but, if this can be done, then the valuation of the company you would think would need to consider the future potential too.
Everything seems to be moving in a very positive direction at the moment, and (drill problem aside), has been executed in a timely and efficient manner.
I think by the end of July (and possibly sooner), we will be de-risked on Tai and can then all relax and enjoy the next 3-4 months.
BTW, some excellent analysis from numerous posters today.