EXR 3.03% 16.0¢ elixir energy limited

Ann: Daydream-2 Operations Update, page-238

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  1. 768 Posts.
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    Hi @Wonkers "No sales yet - we need to maximise asset value as much as possible...."

    Would you agree the priority should be to achieve gas sales revenue as early as possible and that might mean DD-2 is connected to the nearby production hub following confirmation of commerciality and the finance is agreed by way of a JV partnership? So, this would have priority over drilling another appraisal well at Grandis.

    I guess a similar concept should be applied for Nomgon...to first establish commerciality in the next 3 - 6 months, then provided there is sufficient capital, set up a new pilot project to generate electrical power to the Mongolian grid and that would enhance the asset value.
 
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