EXR 8.70% 12.5¢ elixir energy limited

Ann: Notice of Annual General Meeting/Proxy Form, page-70

  1. 307 Posts.
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    At this stage and gas price we assume 1tcf to be worth $1,000,000,000 ($1 Billion) as a purchase price? Obviously there are several variables to this but for basic input that'll do.

    Our prospective resource of 14.6 tcf risked basis is it not? and unrisked something closer to 45 tcf? Assuming the shares on issue remain as is (unlikely but for the sake of my small saturday brain!) and are rounded up to 900,000,000...

    A sale now on our guestimate figure and assuming the holy grail was met at full capacity of 14.6 tcf is 14.6 billion, or, a share price sale of $16.2? Obviously one can dream... even if we met 25% of the current prospective resource before a purchase being accepted it's $4.05 share price sale.

    Am I wildly inaccurate on these vary primitive figures? I am trying to continual piece together and understand this more.

    Further to that... is there potential our risked figure grows as we continually drill? noted all of the above is based on gas prices now, not 2022 or 2023 etc.
 
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