EXR
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0.00% 5.6¢ elixir energy limited

Ann: Fully Gas Saturated Coals, page-663

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  1. lawrence1967
    2,820 Posts.
    lightbulb Created with Sketch. 618
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    27/07/20
    10:23
    Post #: 46084846
    The confidence is not just in the company but the macro forces aligning to underpin gas prices from their current historic lows. Below an announcement this morning from ASX-listed gas company Santos pushing Armour Energy to accelerate a farm-in agreement executed in 2019 with Santos.

    https://hotcopper.com.au/threads/ann-ajq-acceleration-of-contingent-farmin-payments-from-santos.5516987/

    Elixir referred to ‘framing’ farm-out’ options in a recent announcement. Below is what ‘framing’ looks like. Imagine this happening to our 30,000 sq km PSC.

    https://hotcopper.com.au/data/attachments/2326/2326377-8462837a60f1a2d440d6c17a5c04b246.jpghttps://hotcopper.com.au/data/attachments/2326/2326392-f5f7d4de575008db9a96c816ffc4af26.jpg

    EXR Price at posting: 8.0¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 11  Upvote
    lightbulb Created with Sketch.  Great analysis
    Stroke 3 Created with Sketch. Comments Created with Sketch. Reply

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5.6¢ 		Change
0.000(0.00%) 		Mkt cap ! $67.02M
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1 90909 5.5¢
 

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Price($) Vol. No.
5.6¢ 10101 1
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Last trade - 16.10pm 07/11/2024 (20 minute delay) ?
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