One would like to think so but it’s hard to get a read on...

One would like to think so but it’s hard to get a read on it.

Heres the last information provided on Nomgon - 15/3/2024

Nomgon Project
In conjunction with this intense program in Queensland, operations also continue at the Nomgon PilotProject in Mongolia. In Mongolia, the current key objective is to continue to de-pressurise the gas-bearing coal reservoir through the ongoing pumping of water therefrom.Recently one of the pilot wells, Nomgon-10, was worked over, with a larger downhole pump installed.Increased water rates have already been observed. Elixir’s engineers are actively managing the PilotPlant to maximise water production and therefore accelerate the time to reach desorption pressure.Data analysis from the Nomgon field indicates that steady progress is being made in reducing thereservoir pressure required to reach the gas desorption pressure.
The Company is currently considering adding one or two additional pilot wells at the Project with aview to increasing the pace of the de-pressurisation process.Elixir’s Managing Director, Mr Neil Young, said: “We are pleased that operations at both of our largegas projects in Queensland and Mongolia are on track to meet their core de-risking objectives.