EXR 0.00% 10.5¢ elixir energy limited

Hydrogen Energy Power Grid, page-114

  1. 451 Posts.
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    I am looking for details or a transcription of the Nomgon IX PSC (Production Sharing Contract) applies only to CBM or whether it applies to renewables as well.

    This is because with a say 1.6-billion-dollar certified CBM resource deal right in front of their shareholders I can't see how Elixir have the leverage to come up with an equivalent deal with Softbank that is not subsurface dependent & therefore could be located in a number of other locations in Mongolia or Northern China.

    By the way this interview points to the fact that TMK drilled 5 of their deep core holes for $1.5 million so we now have some idea pf future (Core hole) drilling costs.

    https://hotcopper.com.au/asx/tmk/discussion/

    Also stumbled on this very interesting report on Elixir which appears to be dated October 2019.

    https://elixirenergy.com.au/wp-content/uploads/2021/02/Hartleys-Research-Report_20190710.pdf

    Am still combing it for background Information.

    Regards

    OGP

 
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