EXR 8.82% 6.2¢ elixir energy limited

Ann: Daydream 2 Update, page-9

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  1. 155 Posts.
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    Revised Upcoming News Flow / Activities (as first communicated in July/August 2023)

    1) Spudding of Nomgon 10 Well (by 31 August '23)
    Confirmed done on 7th September (8 days late)

    2) Spudding of water bore for Grandis (by 31 August '23)
    ✅ Started ~21st September (21 days late), drilling to 1200m

    3) Completion of Nomgon 10 + Commissioning (21st September)
    Should've been roughly end of September if it had spud on the original timeline of 31st August.
    Likely to be completed by mid-October (after SPP closes )

    4) Access Track + Well Pad Construction Works (September '23 / most of October '23)
    Started mid-September, on track

    5) Install Blow Out Protector on SLB rig (Mid-October)
    Now confirmed to be procured / available for installation

    6) Spud Grandis (Early November - Inevitably will be delayed..)
    Looking like it will be delayed, as expected, given it is late September and they're waiting to hear about rig availability / release.

    7) Updated Nomgon Pilot Results (Early/Late December - 1.5 months of dewatering)

    8) Grandis Drilling (Mid-November - December)
    9) Grandis Pre-Stimulation Results (Late December '23 / Early January '24)
 
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