EXR 6.25% 17.0¢ elixir energy limited

Ann: Daydream-2 Stimulation Program Successfully Concluded, page-55

  1. 2,464 Posts.
    lightbulb Created with Sketch. 1399
    As mentioned above- we can not 100% discount a calamity with the coals NOT flowing viably.
    Nothing is guaranteed, and we are pioneering effort here- a lot can and does go wrong- despite best efforts and a shedload of hope.
    Taylor Collinson in their latest report suggest any geological problem is solvable- (it just takes time, effort and probably many many monies), so even if we don't viably flow these coals in this initial lost cost effort, all is NOT lost- we might just be in a slightly less attractive position negotiating with a potential JV partner.

    However- now the BULL case scenario and some background as to the nature of the coals, and the size of the prize:
    **as ever- DYOR etc etc

    A)- gas absorbed to the coals- lots of it- more than we thought initially



    https://hotcopper.com.au/data/attachments/6397/6397789-6fb7d8810779160c5c06a0cbc55d8380.jpg
    https://hotcopper.com.au/data/attachments/6397/6397804-a95c736ef2f0803663d42065ab13d717.jpg

    B) the nature of the coals- clay rims etc:

    https://hotcopper.com.au/data/attachments/6397/6397807-7617b25adbd5d0aaa4974dc6222a87da.jpg


 
watchlist Created with Sketch. Add EXR (ASX) to my watchlist
(20min delay)
Last
17.0¢
Change
0.010(6.25%)
Mkt cap ! $203.4M
Open High Low Value Volume
16.0¢ 17.5¢ 16.0¢ $313.6K 1.864M

Buyers (Bids)

No. Vol. Price($)
14 739017 16.5¢
 

Sellers (Offers)

Price($) Vol. No.
17.0¢ 125 1
View Market Depth
Last trade - 12.34pm 30/09/2024 (20 minute delay) ?
EXR (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.