EXR 0.00% 11.0¢ elixir energy limited

It's fine if that is the breakeven rate for a 1.5billion dollar...

  1. 3,827 Posts.
    lightbulb Created with Sketch. 641
    It's fine if that is the breakeven rate for a 1.5billion dollar project with 100 wells but this is not going to get anywhere near that sort of funding in the first few years even BPT couldn't afford it so the FID would need to be based on a few wells that would able to achieve it a profit to potentially drill more wells in the future. I'd say they need around a 5 to 10 Mcfpd for the project to be viable as nobody is going to pump money into this to break even.
 
watchlist Created with Sketch. Add EXR (ASX) to my watchlist
(20min delay)
Last
11.0¢
Change
0.000(0.00%)
Mkt cap ! $124.7M
Open High Low Value Volume
11.5¢ 11.5¢ 11.0¢ $99.40K 889.7K

Buyers (Bids)

No. Vol. Price($)
29 927173 11.0¢
 

Sellers (Offers)

Price($) Vol. No.
11.5¢ 531777 5
View Market Depth
Last trade - 16.10pm 15/05/2024 (20 minute delay) ?
Last
11.0¢
  Change
0.000 ( 0.00 %)
Open High Low Volume
11.3¢ 11.5¢ 11.0¢ 302555
Last updated 15.42pm 15/05/2024 ?
EXR (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.