Ann: Operations Update, page-209

Just listened to crux again - a few notes
https://www.elixirenergy.com.au/media

1. 1-5mw gas engine power plant modular up to 50MW - would be owned by Mong gov EXR
2. $10m will last 2 years exploration including pilot production wells at each discovery
3. Minimum 12 month more exploration before think about entertaining TO offers
4. For example, Shell in partnership in CNOOC might want to replicate what they are doing with QGCs gas
5. Significant derisking across whole PSC with upgrade from prospective to contingent resources
6. SSLNG further down the road, however, modular clean energy power plant design will be first. The EXR team have delivered these plants before in Australia
7. Like a duck swimming on the water gliding along with a little bit of motor power underneath dealing with issues and guiding us in the right direction - 3 buckets keeping prospective buyers and SHs happy, operations, and dealing with host nation. All well in hand and in good hands imo!

I’m thinking..

1. No more CR and we will be sold with 800,000,000 shares on the register for anywhere between $3B and $10B inside 2 years. ($3.75 to $12/share)

1. Tui, It might just come easy.https://www.elixirenergy.com.au/media