I re-watched the Elixir Energy (EXR) - Grant for Grandis Well; Pilot Wells in Mongolia Ongoing video with Crux. It reminded me that EXR is exploring new territory and as Richard Cottee mentioned:
https://youtu.be/hPh1SNucXfA?t=973
".....there's many a dry gully before we get the watercourse on this one."
"..if you expect to get the best result out of the first shot in your lockup you're playing lotto territory, it'll be an accumulation of what you do that builds your database that perfects your outcome and then you will get a decent watercourse...."
Data is the value here.
We know we have the gas within the Mongolian asset.
It's proving it up to then off-sell to a producing entity.
IMO.
Elixir's progress to a commercial development, page-31
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