EXR
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5.97% 7.1¢ elixir energy limited

Ann: Conference presentation, page-76

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  1. justinmetals
    7,976 Posts.
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    18/07/21
    20:14
    Post #: 54587801
    "Below expectations" is not a failure. Coal is quite homogenous. What is not a commercial hole in Australia could be a commercial hole in Mongolia. Management have stated this. This is where I was assuming my post would lead you to.

    I recall cottee saying coal is heterogeneous not homogeneous ie variable in its properties and not consistent. They were always going back to ugtaal but it didn’t make sense to early on. It looks as though they gave a lot of hope there!

    Cheers
    Last edited by justinmetals: 18/07/21
    EXR Price at posting: 25.0¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 4  Upvote
    lightbulb Created with Sketch.  Great analysis
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