EXR 4.55% 6.3¢ elixir energy limited

Ann: CBM Pilot Passes Key Milestone, page-16

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  1. 4,330 Posts.
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    Yep. I think we can lock in the bottom of the market now. While it would be great for a massive uptick in sp over the next few days, the market will eventually catch up to this news.

    Amazing given Nomgon 9 has been flowing the bulk of the gas (~80k cfpd) and Nomgon 8 has been overhauled and is coming up to speed. These two wells may reach 200-300k cfpd. And that's jus the first two. Drill another 5 and it could potentially reach 1m cfpd. That's got to be commercial rate.

    Definitely looking forward to the detailed 2023 works program and the Gobi PFS update.
 
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