EXR 1.92% 5.1¢ elixir energy limited

Ann: Daydream 2 Update, page-40

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  1. 3,157 Posts.
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    The point to remember about Nomgon is that it is a pioneering project to produce commercial gas from coal seams. Its extrmely difficult to do and replicate around the world and therefore a pre-determined timeline for proof of concept is extremely hard to define.

    Now i never said, all is well its going great and nothings ever gone wrong. But from my experience, and experience of many others I know in this exact field, is that the water drawndown timeline so far isnt unexpected, isnt project defining and isnt a disaster. Plenty of highly commercial fields were produced from and still are, which had similar pilot timelines. Thats what im trying to say.

    If someone believes it's taken too long, then why not explain why? Technically why? Other than just an opinion based on their own ROI dreams from investment here.
    Last edited by piwi33: 01/08/24
 
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