EXR 5.38% 9.8¢ elixir energy limited

Ann: Drilling update, page-8

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    It all falls back to the final analysis results that will come in a few weeks - the new year. If you follow any of the other CSG exploration or junior companies around QLD you will see massive positive movements on the back of results below these.

    There is alot that's right here and the possibility to export gas to China without having to liquify and ship it is amazing. Dehydration, minor impurities removal and compression is all that's needed to send this gas to China. Once this and the second core hole are drilled and the project is de-risked there will be no issue arranging financing for production.
 
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