EXR 5.38% 9.8¢ elixir energy limited

Ann: Drilling Update, page-28

  1. 56 Posts.
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    Why? How many times do management have to spell it out before it finally sinks in? I would have thought that the recent quarterly report was explicit enough for anyone -
    "Chip-holes . . . assist with the definition of general geology and lithology . . .
    They provide critical information and allow a better calibration of the recently acquired 2D seismic . . .
    These holes . . . provide the Company with valuable stratigraphic and geological information that allows it to fine tune the core-hole drilling and guide future exploration programs.
    The chip-holes have been placed in geologically strategic locations and not all the stratigraphic chip-holes are anticipated to encounter thick coal seams."
 
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