EXR 2.33% 10.5¢ elixir energy limited

Ann: Daydream 2 Impressive Initial Flow Test, page-189

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    @Grfe4

    My opinion is not what the value of the recoverable gas is, but what we're likely to get for it. The asset is in a 3rd world country, addicted to coal, who's government politicians are embroiled in kickbacks and bribes, no infrastructure in place, and likely a 5-10 year timeframe to commercialise the venture.Ideal picking for the Chinese who can offer a low ball figure which we should accept and depart the region, focus on Queensland gas plays.
 
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