This is so f*ing dissapointing.
I mean the current flow rates are highly likely due to a stimulation program that was dragged out for 6 months because of contractor f* ups, not because this play this doesn't work. We should have enough data to inform the design of DD3.
IF a Joint Venture is still forthcoming, the terms on which we do it might be a lot less in our favour then when we had a commercial appraisal well. Just goes to show that modelling a flow rate doesn't take into account a well sitting there for 3-6 months post-stim without being able to get the fluids out. I'd say we're totally f*ed by Hal and then subsequently the fact we needed to share the CTU with Shell which caused a further delay.
I'm not selling, at the end of the day there was always going to be a long wait between now and DD3. The difference is that instead of a positive end note of the program, it's a f*ing bad one.
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elixir energy limited
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Last
2.7¢ |
Change
0.000(0.00%) |
Mkt cap ! $37.78M |
Open | High | Low | Value | Volume |
2.7¢ | 2.8¢ | 2.6¢ | $51.16K | 1.900M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 19999 | 2.7¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
2.8¢ | 175891 | 5 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 19999 | 0.027 |
11 | 1352704 | 0.026 |
16 | 3274136 | 0.025 |
4 | 1541806 | 0.024 |
1 | 1250000 | 0.023 |
Price($) | Vol. | No. |
---|---|---|
0.028 | 175891 | 5 |
0.029 | 1103200 | 3 |
0.030 | 1595604 | 10 |
0.031 | 104000 | 2 |
0.032 | 470000 | 2 |
Last trade - 16.10pm 27/06/2025 (20 minute delay) ? |
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PARADIGM BIOPHARMACEUTICALS LIMITED..
Paul Rennie, MD & Founder
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