EXR 9.68% 14.0¢ elixir energy limited

Ann: Nomgon Pilot Flows Gas, page-122

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    Chairman's Endorsement of Importance of Saturated Coals

    The header for this thread "That's what you can expect with highly saturated coals." was emphasized by the Chairman in the AGM address.

    I noted that the address published before the meeting was amended in a later release on HC.

    ELIXIR ENERGY LIMITED (ASX:EXR) - Ann: AGM 2022 Chairman's address updated, page-1 - HotCopper | ASX Share Prices, Stock Market & Share Trading Forum

    "And just this morning, we have announced to the market that only a few days after the commencement of pumping, we have achieved gas breakthrough and are now flaring gas, which reflects the fully gas saturated nature of the coals here".

    I have learned over the years to listen very carefully to Richard because IMO he chooses his words carefully and tells it like it is and his answers during question time were no exception.

    So, the amendment to the published AGM speech IMO attaches significant importance to this fact.

    At this stage I enclose a standard picture illustrating the stages of desorption in highly saturated coals to give a general picture of what is happening as dewatering of the Nomgon pilot/s proceeds.

    https://hotcopper.com.au/data/attachments/4849/4849883-48c7511f1834f07838b60fa277018a2d.jpg

    Regards

    OGP
 
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