EXR

4.76%

10.0¢ elixir energy limited

EXR mention on noadvertising.com.au, page-2

First 2 Last

delboy007

4,840 Posts.

982

03/09/20

10:46

Post #: 47049029

Originally posted by Neilus ↑

Column 1

1

2

Column 1
EXR’s Nomgon-2 Gas Well Exceeds Expectations Elixir Energy (ASX: EXR) has reported impressive gas content and permeability results from its 100%-owned coal seam gas (CSG) Production Sharing Contract (PSC) on the Mongolia-China border.The data will expand EXR’s contingent resource base at the PSC’s Nomgon sub-basin — targeted for year’s end. This will provide a basis for what could be a very modestly costed pilot production test in 2021. After achieving Mongolia’s first ever gas discovery in February at the Nomgon-1 well, EXR rapidly followed up with the Nomgon-2 appraisal well. Both wells encountered exceptionally thick coals, while results of this follow up appraisal well exceeded expectations, coming in even better than those from the first well. In addition to the Nomgon sub-basin, the gigantic licence area — the size of “a small European country” — likely hosts numerous coal-bearing sub-basins that are prospective for coal seam gas. The company is proving up the wider potential in its vast PSC block, with plans to ultimately bring in high quality partners who can help bring a very large potential resource into production. Here at Next Investors we are long term shareholders of EXR, naming it our ‘Pick of the Year’ in July 2019 and doubling down on our investment in May. That investment is clearly paying off given the recent price action, yet we are looking further ahead, eyeing the longer-term potential of Elixir’s 30,000km2 (7 million acre) landholding.

Column 1
FIND OUT MORE

[/CENTER][/SIZE][/table][/table]
[/CENTER][/SIZE][/table][/table]

Column 1 Column 2 Column 3

1

2

3

S3 Consortium Pty Ltd (CAR No.433913) is a corporate authorised representative of LeMessurier Securities Pty Ltd (AFSL No. 296877). The information contained in this article is general information only. Any advice is general advice only. Neither your personal objectives, financial situation nor needs have been taken into consideration. Accordingly you should consider how appropriate the advice (if any) is to those objectives, financial situation and needs, before acting on the advice.
Conflict of Interest Notice
S3 Consortium Pty Ltd does and seeks to do business with companies featured in its articles. As a result, investors should be aware that the Firm may have a conflict of interest that could affect the objectivity of this article. Investors should consider this article as only a single factor in making any investment decision. The publishers of this article also wish to disclose that they may hold this stock in their portfolios and that any decision to purchase this stock should be done so after the purchaser has made their own inquires as to the validity of any information in this article.
CUSTOMER NOTICE | PRIVACY POLICY | FINANCIAL SERVICES GUIDE | DISCLOSURE POLICY
Level 4, 152 Elizabeth Street, Melbourne, Victoria, 3000, AUSTRALIA
Unsubscribe
VIEW MORE NEXT INVESTORS CATEGORIES
[/table][/table]

Expand

And next oil rush and stocks in play

Glta

https://www.nextoilrush.com/exrs-no...;utm_source=stocksinplay&utm_medium=email

Last edited by delboy007: 03/09/20

EXR Price at posting: 12.5¢ Sentiment: Buy Disclosure: Held

4 Upvote

1 Great analysis

Top Stories

VMT

Vmoto sales plummet -50% YoY as weak demand in Europe & China stifles EV scooter sales growth

VMS

Venture to sniff out high-grade REE targets at Jupiter project, WA

NXG

Cost blow-out for Rook I uranium project sees share plummet for NexGen

DVP

Commodity house Trafigura funds Develop Global's copper-zinc Woodlawn play with offtake deal in place

BOE

Uranium prices on the NYMEX are stable, but ASX uranium stocks are sinking on Friday. The answer lies in Kazakhstan

MGU

Collaboration in a green (steel) future the focus for Magnum and Saudi partners

Is oil undervalued?

WGX

Westgold sets its sights on top five producer status through merger with Karora

GRX

GreenX picks up prospective copper project in Germany

Week 31 Wrap: JORC rules to get tougher; RBA rate hike chance 50/50; US Fed Sept cut still the quo

There are more pages in this discussion • 2 more messages in this thread...

First 2 Last

Add EXR (ASX) to my watchlist

(20min delay)
Last 10.0¢		Change -0.005(4.76%)		Mkt cap ! $119.6M

Open	High	Low	Value	Volume
10.0¢	10.3¢	10.0¢	$74.93K	748.0K

Buyers (Bids)

No.	Vol.	Price($)
8	805875	10.0¢

Sellers (Offers)

Price($)	Vol.	No.
10.5¢	891454	4

View Market Depth

No.	Vol.	Price($)
8	805875	0.100
4	420800	0.099
2	49658	0.097
3	131260	0.096
6	162265	0.095

Price($)	Vol.	No.
0.105	891454	4
0.110	151020	2
0.115	195678	3
0.120	268772	6
0.125	51333	2

Last trade - 16.10pm 02/08/2024 (20 minute delay)

EXR (ASX) Chart

EXR mention on noadvertising.com.au, page-2

Vmoto sales plummet -50% YoY as weak demand in Europe & China stifles EV scooter sales growth

Venture to sniff out high-grade REE targets at Jupiter project, WA

Cost blow-out for Rook I uranium project sees share plummet for NexGen

Commodity house Trafigura funds Develop Global's copper-zinc Woodlawn play with offtake deal in place

Uranium prices on the NYMEX are stable, but ASX uranium stocks are sinking on Friday. The answer lies in Kazakhstan

Collaboration in a green (steel) future the focus for Magnum and Saudi partners

Is oil undervalued?

Westgold sets its sights on top five producer status through merger with Karora

GreenX picks up prospective copper project in Germany

Week 31 Wrap: JORC rules to get tougher; RBA rate hike chance 50/50; US Fed Sept cut still the quo

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News

EXR mention on noadvertising.com.au, page-2

Top Stories

Vmoto sales plummet -50% YoY as weak demand in Europe & China stifles EV scooter sales growth

Venture to sniff out high-grade REE targets at Jupiter project, WA

Cost blow-out for Rook I uranium project sees share plummet for NexGen

Commodity house Trafigura funds Develop Global's copper-zinc Woodlawn play with offtake deal in place

Uranium prices on the NYMEX are stable, but ASX uranium stocks are sinking on Friday. The answer lies in Kazakhstan

Collaboration in a green (steel) future the focus for Magnum and Saudi partners

Is oil undervalued?

Westgold sets its sights on top five producer status through merger with Karora

GreenX picks up prospective copper project in Germany

Week 31 Wrap: JORC rules to get tougher; RBA rate hike chance 50/50; US Fed Sept cut still the quo

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News