EXR 58.8% 6.8¢ elixir energy limited

Ann: CBM Pilot Project Update, page-4

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  1. 3,042 Posts.
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    Just west of Nomgon sub basin. Maybe 20km? They mentioned in their last release that it encountered 10m of coal and they considered it to be indicative of a new sub basin. This final result appears to confirm a new su basin and they will have a better look now with an IFOT downhole test and its going to be another gas discovery.

    Everything is going well here. The team will be pumping water soon and burning gas. This really is a long term thought out project with a great team behind it.
 
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