So,
Emotions have run a bit- I'm guilty of it, hands-up.
In the cold light of a new day, let's recap factually- without the Wonkers cheerleading bias.:
have I missed anything factual ?
In the space of 16 months EXR have:
- Acquired Grandis August 2022.
- Lined up all the ducks (permits, appease all the stakeholders etc) - green light to proceed
- Secured an in-demand , scarce and appropriate rig and crew
- Received a 48.5% ATO R&D rebate grant
- Locked in a loan instrument to leverage that grant
- Signed a data sharing agreement with Santos on our ATP and theirs to the north of us.
- Received $1million from Origin towards the drill cost- with an option for a potential 4-5 further drills, for them to evaluate CCS potential.
- Drilled to 4200metres - on time and budget (this was all fully funded)
- Gushed free flowing conventional gas, unexpectedly (but no associated data as yet as to the size/porosity/permeability of reservoir)
- Raised a further $6.5mill pre costs (assume $6.1 nett) via 2 brokers- 1 for 3 12c oppies attached- Total share issuance (pre oppies) = +76million shares reflecting in a new diluted total SOI circa 1.12 billion.
- Funds primarily to be used to expand imminent Daydream-2 stimulation and testing program
- Released Preliminary results showing 154m net pay to date, good overpressure psi.
- Gaseous coal zones of 65metres also logged- these thermally mature coals will be targeted for stimulation and flow testing in the 2024 program.
- Coal cutting with labs for analysis currently- results to be released ASAP
- Program of stimulation and flow testing to begin early 2024 (Feb/March)- now with further funding pool to ease any constraints and enable optimal program courtesy of the recent additional $6.5 mill placement (assume $6.1 nett)
- Forums
- ASX - By Stock
- EXR
- Ann: Gas Flow from Permeable Zone Provides Unexpected Upside
Ann: Gas Flow from Permeable Zone Provides Unexpected Upside, page-252
-
- There are more pages in this discussion • 51 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add EXR (ASX) to my watchlist
|
|||||
Last
10.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $113.3M |
Open | High | Low | Value | Volume |
10.5¢ | 10.5¢ | 10.0¢ | $113.1K | 1.081M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
9 | 597400 | 10.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
10.5¢ | 70000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
9 | 597400 | 0.100 |
1 | 95200 | 0.098 |
3 | 408946 | 0.097 |
2 | 415790 | 0.095 |
1 | 10600 | 0.094 |
Price($) | Vol. | No. |
---|---|---|
0.105 | 70000 | 1 |
0.110 | 507479 | 13 |
0.115 | 253307 | 4 |
0.120 | 860404 | 9 |
0.125 | 29333 | 3 |
Last trade - 16.10pm 04/07/2024 (20 minute delay) ? |
Featured News
EXR (ASX) Chart |